Onto Innovation (NYSE:ONTO) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Onto Innovation beat estimated earnings by 11.97%, reporting an EPS of $1.31 versus an estimate of $1.17.
Revenue was up $72.07 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 0.05% drop in the share price the next day.
Here's a look at Onto Innovation's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.11 | 0.92 | 0.80 | 0.68 |
| EPS Actual | 1.23 | 0.98 | 0.92 | 0.73 |
| Revenue Estimate | 215.20M | 195.34M | 177.72M | 162.22M |
| Revenue Actual | 225.64M | 200.59M | 193.39M | 169.28M |
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.
