ONTO Q1 2024 Earnings — Onto Innovation Inc. Revenue & Financial Results | Market Cap Arena

ONTOOnto Innovation Inc.

$10B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$229M+14.9% YoY

Gross Profit

$118M51.7% margin

Operating Income

$43M18.7% margin

Net Income

$47M20.5% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$50M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$172M

Stockholders' Equity

$1.8B

Cash & Equivalents

$191M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$229M	$199M	+14.9%
Gross Profit	$118M	$105M	+12.7%
Operating Income	$43M	$29M	+47.2%
Net Income	$47M	$29M	+61.2%

Revenue Segments

Systems And Software Revenue

$195M85%

Parts Revenue

$20M9%

Service Revenue

$14M6%

Geographic Segments

KOREA, REPUBLIC OF

$80M35%

TAIWAN

$71M31%

CHINA

$21M9%

UNITED STATES

$21M9%

Southeast Asia

$16M7%

JAPAN

$13M6%

Europe

$6M3%