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

Onto Innovation

04/05/2022 01:57

* Onto Innovation Inc  ONTO.N  reported quarterly adjusted
earnings of $1.31​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of $1.17 per share.
    * Revenue rose 42.6% to $241.35 million from a year ago; 
analysts
expected $232.00 million. 
    * Onto Innovation Inc's reported EPS for the quarter was
$1.07​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
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 16.7% this
quarter and
lost 28.5% so far this year.
    * The company reported quarterly net income of $53.33
million.
    * Wall Street's median 12-month price target for Onto
Innovation
Inc is $120.00 
    * 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 May 4 at 12:57 a.m.  ​All
figures in US dollars unless otherwise stated