ONTO Innovation Files 8-K on Financial Results & Condition
Ticker: ONTO · Form: 8-K · Filed: Feb 8, 2024 · CIK: 704532
| Field | Detail |
|---|---|
| Company | Onto Innovation Inc. (ONTO) |
| Form Type | 8-K |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, corporate-filing
TL;DR
**ONTO just dropped an 8-K with financial results, time to dig in!**
AI Summary
Onto Innovation Inc. filed an 8-K on February 8, 2024, to report its financial results and condition, as well as to include financial statements and exhibits. This filing, under SEC File Number 001-39110, indicates that the company is providing an update on its operations. For investors, this matters because it signals that detailed financial performance data is now available, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information about Onto Innovation Inc., enabling them to assess the company's health and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for reporting financial results and does not inherently introduce new risks, but rather provides transparency.
Analyst Insight
A smart investor would review the full 8-K document, especially the financial statements and exhibits, to understand Onto Innovation Inc.'s latest performance and financial health before making any investment decisions.
Key Numbers
- 001-39110 — SEC File Number (identifies Onto Innovation Inc.'s registration with the SEC)
- 20240208 — Filing Date (the date the 8-K was filed with the SEC)
- 14 — Public Document Count (number of documents included in the filing)
Key Players & Entities
- Onto Innovation Inc. (company) — the registrant filing the 8-K
- February 8, 2024 (date) — date of earliest event reported and filing date
- 001-39110 (dollar_amount) — SEC File Number for Onto Innovation Inc.
- Delaware (company) — state of incorporation for Onto Innovation Inc.
- 16 Jonspin Road, Wilmington, Massachusetts, 01887 (company) — principal executive offices address
- 978-253-6200 (dollar_amount) — registrant's telephone number
- ONTO (company) — trading symbol on the New York Stock Exchange
Forward-Looking Statements
- Onto Innovation Inc. will likely release its full Q4 2023 or annual 2023 earnings report soon, given the 'Results of Operations and Financial Condition' item. (Onto Innovation Inc.) — high confidence, target: 2024-03-31
- The detailed financial statements and exhibits mentioned in the filing will provide specific revenue and profit figures for the reported period. (Onto Innovation Inc.) — high confidence, target: 2024-02-08
FAQ
What is the primary purpose of this 8-K filing by Onto Innovation Inc.?
The primary purpose of this 8-K filing, dated February 8, 2024, is to report the 'Results of Operations and Financial Condition' and to include 'Financial Statements and Exhibits' as per the Item Information section.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 08, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is Onto Innovation Inc.'s trading symbol and on which exchange is it registered?
Onto Innovation Inc.'s trading symbol is 'ONTO' and it is registered on the New York Stock Exchange, as indicated under 'Securities registered pursuant to Section 12(b) of the Act'.
What is the business address and phone number of Onto Innovation Inc.?
The business address of Onto Innovation Inc. is 16 Jonspin Road, Wilmington, Massachusetts, 01887, and its telephone number is (978) 253-6200, according to the 'BUSINESS ADDRESS' and 'Registrant’s Telephone Number' sections.
Has Onto Innovation Inc. changed its name since its last report, and if so, what was its former name?
The filing states 'Not applicable' for 'Former Name or Former Address, if Changed Since Last Report', indicating no change since the last report. However, the 'FORMER COMPANY' data shows previous names like 'Onto Innovation Inc.' (changed 20191025) and 'NANOMETRICS INC' (changed 19920703) in its history.
Filing Stats: 535 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-02-08 16:12:06
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share ONTO New York S
Filing Documents
- onto-20240208.htm (8-K) — 37KB
- onto-ex99_1.htm (EX-99.1) — 405KB
- img123863179_0.jpg (GRAPHIC) — 8KB
- 0000950170-24-012766.txt ( ) — 585KB
- onto-20240208.xsd (EX-101.SCH) — 24KB
- onto-20240208_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 8, 2024, Onto Innovation Inc. announced in a news release its results for its fiscal fourth quarter and full year ended December 30, 2023 and other related material information (the "Earnings Release"). A copy of the Earnings Release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information in this Current Report on Form 8-K and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 99.1 News release for Onto Innovation Inc. dated February 8, 2024, announcing financial results for its fourth quarter and full year ended December 30, 2023 104 Cover Page Interaction Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Onto Innovation Inc. Date: Febuary 8, 2024 By: /s/ Yoon Ah Oh Vice President, General Counsel & Corporate Secretary