ONTO Q2 2023 Earnings — Onto Innovation Inc. Revenue & Financial Results | Market Cap Arena

ONTOOnto Innovation Inc.

$10B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$191M-25.6% YoY

Gross Profit

$100M52.7% margin

Operating Income

$25M13.0% margin

Net Income

$26M13.6% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$27M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$164M

Stockholders' Equity

$1.7B

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$191M	$256M	-25.6%
Gross Profit	$100M	$132M	-24.0%
Operating Income	$25M	$57M	-56.8%
Net Income	$26M	$52M	-49.8%

Revenue Segments

Systems And Software Revenue

$159M84%

Parts Revenue

$18M10%

Service Revenue

$13M7%

Geographic Segments

CHINA

$42M22%

KOREA, REPUBLIC OF

$38M20%

UNITED STATES

$33M17%

TAIWAN

$31M16%

Southeast Asia

$26M13%

JAPAN

$14M7%

Europe

$7M4%