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

Onto Innovation

06/08/2021 21:41

* Onto Innovation Inc  ONTO.N  reported quarterly adjusted
earnings of 92 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 80 cents per share.
* Revenue rose 43.3% to $193.39 million from a year ago; 
analysts expected $177.72 million. 
* Onto Innovation Inc's reported EPS for the quarter was 71
cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Onto Innovation Inc shares had fallen by 2.6% this quarter and
gained 49.6% so far this year.
* The company reported quarterly net income of $35.05 million.
* Wall Street's median 12-month price target for Onto Innovation
Inc is $90.00 
* 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 August 6 at 08:41 p.m.  ​All
figures in US dollars unless otherwise stated