Onto Innovation Expects Q3 Revenue Of $205M-$225M (Est. $203.8M), Adj EPS Of $0.85-$1.05 (Est. $0.97)
Portfolio Pulse from Benzinga Newsdesk
Onto Innovation has projected its Q3 revenue to be between $205M-$225M, surpassing the estimated $203.8M. The company also expects its adjusted EPS to be between $0.85-$1.05, with an estimate of $0.97.
August 10, 2023 | 8:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Onto Innovation's Q3 revenue and adjusted EPS projections are higher than the estimates, which could positively impact the company's stock price.
Onto Innovation's projected Q3 revenue and adjusted EPS are higher than the estimates. This indicates strong financial performance, which could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100