Onto Innovation Q2 Adjusted Earnings, Revenue Rise; Shares Gain After-Hours
MT Newswires Live
Aug 07
Onto Innovation (ONTO) reported late Thursday Q2 adjusted earnings of $1.93 per share, up from $1.25 per share a year earlier.
Analysts polled by FactSet expected $1.69.
Revenue for the quarter ended June 30 rose to $343.1 million from $253.6 million a year earlier.
Analysts expected $325.3 million.
The company expects Q3 adjusted earnings of $2.18 to $2.38 per share and revenue of $380 million to $400 million. Analysts expect $1.93 per share and revenue of $350.6 million.
Shares of Onto Innovation were up more than 13% in after-hours activity.
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