Onto Innovation (NYSE:ONTO) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Onto Innovation beat estimated earnings by 1.05%, reporting an EPS of $0.96 versus an estimate of $0.95.
Revenue was down $47.07 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 2.81% drop in the share price the next day.
Here’s a look at Onto Innovation’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.84 | 0.91 | 1.34 | 1.31 |
| EPS Actual | 0.79 | 0.92 | 1.57 | 1.35 |
| Revenue Estimate | 203.00M | 201.90M | 252.80M | 250.20M |
| Revenue Actual | 190.66M | 199.16M | 253.27M | 254.25M |
To track all earnings releases for Onto Innovation visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
