Onto Innovation Reports 2024 First Quarter Results
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Onto Innovation Inc. (ONTO) PT Raised to $250 at Evercore ISI
May 10, 2024 5:09 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on Onto Innovation Inc. (NYSE: ONTO) to $250.00 (from $235.00) while maintaining a Outperform rating.
The analyst comments "Advanced Packaging Play AI Beneficiary. As AI chips drive die sizes larger, beyond the reticle limit (850 sq... More
Onto Innovation Inc. (ONTO) Tops Q1 EPS by 10c, Offers Guidance
May 9, 2024 4:29 PM EDTOnto Innovation Inc. (NYSE: ONTO) reported Q1 EPS of $1.18, $0.10 better than the analyst estimate of $1.08. Revenue for the quarter came in at $228.8 million versus the consensus estimate of $222.56 million.
GUIDANCE:
Onto Innovation Inc. sees Q2 2024 EPS of $1.14-$1.26, versus the... More
