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Recap: Onto Innovation Q4 Earnings

Author: Benzinga Insights | February 08, 2024 05:25pm

Onto Innovation (NYSE:ONTO) reported its Q4 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Onto Innovation beat estimated earnings by 4.95%, reporting an EPS of $1.06 versus an estimate of $1.01.

Revenue was down $34.41 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 10.14% increase in the share price the next day.

Here's a look at Onto Innovation's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.95 0.84 0.91 1.34
EPS Actual 0.96 0.79 0.92 1.57
Revenue Estimate 215.20M 203.00M 201.90M 252.80M
Revenue Actual 207.19M 190.66M 199.16M 253.27M

To track all earnings releases for Onto Innovation visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ONTO

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