Onto Innovation Q3 2024 Adj EPS $1.34 Beats $1.32 Estimate, Sales $252.00M Beat $250.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Onto Innovation reported Q3 2024 earnings per share of $1.34, surpassing the analyst estimate of $1.32. The company's sales reached $252 million, exceeding the expected $250.82 million and marking a 21.63% increase from the previous year.
October 31, 2024 | 8:07 pm
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POSITIVE IMPACT
Onto Innovation's Q3 2024 earnings and sales exceeded analyst expectations, with a notable 21.63% year-over-year sales increase.
The company's earnings per share and sales both exceeded analyst expectations, which is typically viewed positively by investors. The significant year-over-year sales growth further strengthens the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100