Onto Innovation Inc. reported earnings results for the fourth quarter and full year ended December 30, 2023. For the fourth quarter, the company reported sales was USD 218.86 million compared to USD 253.27 million a year ago. Net income was USD 30.31 million compared to USD 66.21 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 1.35 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to USD 1.34 a year ago.
For the full year, sales was USD 815.87 million compared to USD 1,005.18 million a year ago. Net income was USD 121.16 million compared to USD 223.33 million a year ago. Basic earnings per share from continuing operations was USD 2.47 compared to USD 4.52 a year ago. Diluted earnings per share from continuing operations was USD 2.46 compared to USD 4.49 a year ago.