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Onto Innovation Q2 2023 Earnings Report

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$121.99 -6.43 (-5.01%)
As of 03/28/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Onto Innovation EPS Results

Actual EPS
$0.79
Consensus EPS
$0.83
Beat/Miss
Missed by -$0.04
One Year Ago EPS
$1.28

Onto Innovation Revenue Results

Actual Revenue
$190.66 million
Expected Revenue
$203.00 million
Beat/Miss
Missed by -$12.34 million
YoY Revenue Growth
-25.60%

Onto Innovation Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Onto Innovation Earnings Headlines

Onto Innovation price target lowered to $200 from $250 at Stifel
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About Onto Innovation

Onto Innovation (NYSE:ONTO) engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements. In addition, the company provides process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. Further, it engages in systems software, spare parts, and other services, as well as offers software licensing services. The company's products are used in semiconductor and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; analog device; RF filter; data storage; and various industrial and scientific applications. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.

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