Recap: Onto Innovation Q3 Earnings - Onto Innovation (NYSE:ONTO)

Onto Innovation ONTO reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Onto Innovation beat estimated earnings by 1.05%, reporting an EPS of $0.96 versus an estimate of $0.95.

Revenue was down $47.07 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 2.81% drop in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.84	0.91	1.34	1.31
EPS Actual	0.79	0.92	1.57	1.35
Revenue Estimate	203.00M	201.90M	252.80M	250.20M
Revenue Actual	190.66M	199.16M	253.27M	254.25M

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.