earnings
confidence high
sentiment neutral
materiality 0.65
Onto Innovation Q3 revenue $207M, EPS $0.73; specialty/advanced packaging record $135M
ONTO INNOVATION INC.
2023-Q3 EPS reported
$1.84
revenue$597,012,000
- Revenue $207M, impacted by ~$10M from delayed litho shipments; GAAP gross margin 52%, non-GAAP 52%.
- GAAP EPS $0.73, non-GAAP EPS $0.96; net income $35.9M GAAP, $47.6M non-GAAP.
- Specialty & advanced packaging revenue $135M (+19% sequentially), a quarterly record.
- Dragonfly G3 shipments for AI packaging up >50% QoQ; Element S delivered to 5 new SiC customers.
- Q4 guidance: revenue $200-216M, GAAP EPS $0.58-0.78, non-GAAP EPS $0.90-1.10.