earnings
confidence high
sentiment positive
materiality 0.85
Onto Innovation Q2 revenue $242M beats guidance; EPS $1.07 GAAP, $1.32 non-GAAP
ONTO INNOVATION INC.
2024-Q2 EPS reported
$2.01
revenue$471,172,000
- Revenue $242M, above high-end guidance of ~$235M; up 27% YoY from $191M.
- GAAP EPS $1.07, non-GAAP EPS $1.32, both above guidance ranges.
- Record specialty/advanced packaging revenue $164M; closed $300M+ purchase agreements for AI packaging and gate-all-around.
- Q3 guidance: revenue $245-255M, non-GAAP EPS $1.25-1.35.
- Cash from operations $65M (27% of revenue); gross margin 53%.