Onto Innovation (ONTO) Surpasses This fall Earnings and Income Estimates

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Onto Innovation (ONTO) Surpasses This fall Earnings and Income Estimates

Onto


Onto Innovation (ONTO) got here out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.53 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 5.13%. 1 / 4 in the past, it was anticipated that this maker of semiconductor manufacturing gear would submit earnings of $0.35 per share when it truly produced earnings of $0.30, delivering a shock of -14.29%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Onto Innovation, which belongs to the Zacks Nanotechnology business, posted revenues of $120.56 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.22%. This compares to year-ago revenues of $77.02 million. The corporate has topped consensus income estimates 4 instances over the past 4 quarters.



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