ONTO Q3 2023 Earnings — Onto Innovation Inc. Revenue & Financial Results | Market Cap Arena

ONTOOnto Innovation Inc.

$10B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$207M-18.5% YoY

Gross Profit

$107M51.6% margin

Operating Income

$34M16.4% margin

Net Income

$36M17.3% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$21M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$166M

Stockholders' Equity

$1.7B

Cash & Equivalents

$207M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$207M	$254M	-18.5%
Gross Profit	$107M	$139M	-23.0%
Operating Income	$34M	$59M	-42.7%
Net Income	$36M	$52M	-31.3%

Revenue Segments

Systems And Software Revenue

$169M82%

Parts Revenue

$20M10%

Service Revenue

$18M9%

Geographic Segments

KOREA, REPUBLIC OF

$39M19%

JAPAN

$33M16%

UNITED STATES

$30M14%

CHINA

$30M14%

TAIWAN

$28M14%

Southeast Asia

$25M12%

Europe

$23M11%