Onto Innovation Inc. (ONTO) Tops Q4 EPS by 12c

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Onto Innovation Reports 2021 Fourth Quarter and Full Year Results

February 8, 2022 4:05 PM EST

Record quarterly revenue of $226 million exceeds guidance, resulting in 45% year-over-year growth

Continued incremental revenue growth forecasted for the first quarter of 2022

WILMINGTON, Mass.--(BUSINESS WIRE)-- Onto Innovation Inc. (NYSE: ONTO) (Onto Innovation, Onto, or the Company) today announced financial results for the fourth quarter and full year results for 2021.

2021 Fourth Quarter and Full Year Financial Highlights

Record full year capital equipment revenue of $634 million grew 49% year-over-year. Quarterly gross profit margin improved to 55% from 49% in the... More