Onto Innovation reports record Q2 revenue of $343M, backlog exceeds $1B

ONTO INNOVATION INC.

Record quarterly revenue of $343M, up ~18% sequentially, exceeding high end of non-GAAP guidance.
Advanced Nodes revenue grew 50% sequentially to a new quarterly record.
Specialty Devices and Advanced Packaging revenue reached all-time high.
Backlog exceeded $1B for first time in company history.
CEO cites strong demand for AI and HPC, expects strong second half of 2026.

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