Onto Innovation Q2 2024 Adj EPS $1.32 Beats $1.20 Estimate, Sales $242.33M Beat $235.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
Onto Innovation (NYSE:ONTO) reported Q2 2024 adjusted EPS of $1.32, beating the estimate of $1.20. Sales were $242.33M, surpassing the $235.47M estimate and marking a 27.10% increase from the same period last year.

August 08, 2024 | 8:16 pm
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Onto Innovation reported Q2 2024 adjusted EPS of $1.32, beating the estimate of $1.20. Sales were $242.33M, surpassing the $235.47M estimate and marking a 27.10% increase from the same period last year.
Onto Innovation's strong Q2 2024 earnings and revenue performance, beating analyst estimates and showing significant year-over-year growth, is likely to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100