Onto Innovation Inc. (ONTO) Tops Q4 EPS by 12c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus
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Onto Innovation Reports 2020 Fourth Quarter and Full Year Results
February 4, 2021 4:05 PM ESTMetrology Systems for Advanced Nodes Contribute to 23% Quarterly Growth
Operating Income Increased 58% Over the Third Quarter
WILMINGTON, Mass--(BUSINESS WIRE)-- Onto Innovation Inc. (NYSE: ONTO) today announced financial results for the fourth quarter and full year results for 2020.
2020 Fourth Quarter and Full Year Highlights
Quarterly revenue of $155.1 million increased 23% compared to $126.5 million in the 2020 third quarter and exceeded managements guidance. Revenue from RF customers supporting the 5G ramp increased 100% over the third... More