Onto Innovation's Q3 Earnings & Revenues Beat, Up Y/Y on Solid Demand

Onto Innovation Inc. (ONTO) reported third-quarter 2024 earnings of $1.34 per share, which beat the Zacks Consensus Estimate by 2.3%. The bottom line compared favorably with the prior-year quarter's 96 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of$ 252 million beat the Zacks Consensus Estimate by 0.7%. The top line expanded 21.7% year over year, driven by advanced nodes recovery and steady growth in advanced packaging technologies, which are critical in supportin ...