Recap: Onto Innovation Q3 Earnings

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Onto Innovation ONTO reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Onto Innovation beat estimated earnings by 1.05%, reporting an EPS of $0.96 versus an estimate of $0.95.

Revenue was down $47.07 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 2.81% drop in the share price the next day.

Here's a look at Onto Innovation's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.84 0.91 1.34 1.31
EPS Actual 0.79 0.92 1.57 1.35
Revenue Estimate 203.00M 201.90M 252.80M 250.20M
Revenue Actual 190.66M 199.16M 253.27M 254.25M

To track all earnings releases for Onto Innovation visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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