Onto Innovation Inc reports results for the quarter ended in December - Earnings Summary

Onto Innovation

08/02/2022 22:50

* Onto Innovation Inc  ONTO.N  reported quarterly adjusted
earnings of $1.23​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was
for earnings of $1.11 per share.
    * Revenue rose 45.5% to $225.64 million from a year ago; 
analysts
expected $215.20 million. 
    * Onto Innovation Inc's reported EPS for the quarter was 94
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Onto Innovation Inc shares had fallen by 10.7% this
quarter.
    * The company reported quarterly net income of $46.74
million.
    * Wall Street's median 12-month price target for Onto
Innovation
Inc is $115.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 8 at 10:50 p.m.
 ​All figures in US dollars unless otherwise stated