Onto Innovation Inc. (ONTO) Tops Q2 EPS by 7c, Slight Beat on Revenues Offers 3Q Revenue Guidance Below Consensus, 3Q EPS Mid-Point Guidance Below Consensus

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Go back to Onto Innovation Inc. (ONTO) Tops Q2 EPS by 7c, Slight Beat on Revenues Offers 3Q Revenue Guidance Below Consensus, 3Q EPS Mid-Point Guidance Below Consensus

Onto Innovation Reports 2020 Second Quarter Results

August 4, 2020 4:05 PM EDT

WILMINGTON, Mass.--(BUSINESS WIRE)-- Onto Innovation Inc. (NYSE: ONTO) today announced financial results for the second quarter of 2020.

2020 Second Quarter Highlights

Revenue of $134.9 million. GAAP earnings of $0.15 per share were at the high end of guidance, while non-GAAP earnings of $0.42 were above the high end of guidance. Cash and marketable securities increased $20.1 million and ended the quarter at $312.1 million. Introduced a suite of three new metrology products: the... More