Onto Innovation Reports 2024 Third Quarter Results
Onto Innovation Inc. (ONTO)
Last onto innovation inc. earnings: 2/6 04:05 pm
Check Earnings Report
Company Research
Source: Business Wire
Solid execution drives revenue, gross margin and EPS in the upper half of guidance WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the third fiscal quarter of 2024.Third Quarter Financial HighlightsRevenue of $252 million led by a recovery in advanced nodes and continued strength in advanced packaging supporting strong AI demand.GAAP gross margin 54% and non-GAAP gross margin of 55%.GAAP operating income of $53 million and non-GAAP operating income of $70 million.GAAP net income of $53 million and non-GAAP net income of $66 million.GAAP diluted earnings per share of $1.07 and non-GAAP diluted earnings per share of $1.34 were near the high end of guidance range.Record cash from operations of $67 million, or 27% of revenue.Third Quarter Business HighlightsRecord quarterly inspection revenue led by the Dragonfly® platform.Record quarterly revenue from power semiconductor customers
Show less
Read more
Impact Snapshot
Event Time:
ONTO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ONTO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ONTO alerts
High impacting Onto Innovation Inc. news events
Weekly update
A roundup of the hottest topics
ONTO
News
- Here's Why Onto Innovation (NYSE:ONTO) Has Caught The Eye Of Investors [Yahoo! Finance]Yahoo! Finance
- Onto Innovation Inc. (NYSE:ONTO) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
- Onto Innovation Inc. (NYSE: ONTO) had its price target lowered by analysts at Jefferies Financial Group Inc. from $265.00 to $245.00. They now have a "buy" rating on the stock.MarketBeat
- Onto Innovation Inc. (NYSE: ONTO) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $230.00 price target on the stock.MarketBeat
- Onto Innovation Inc. (NYSE: ONTO) had its price target raised by analysts at Oppenheimer Holdings Inc. from $260.00 to $275.00. They now have an "outperform" rating on the stock.MarketBeat
ONTO
Earnings
- 10/31/24 - Beat
ONTO
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 10/31/24 - Form 10-Q
- ONTO's page on the SEC website