Onto Innovation's (ONTO) Q2 performance gains from higher demand for its solutions (especially the Dragonfly platform) amid continued strength in the advanced packaging vertical.
Onto Innovation Inc. (NYSE:ONTO ) Q2 2024 Earnings Call Transcript August 8, 2024 4:30 PM ET Company Participants Sidney Ho - IR Michael Plisinski - CEO Mark Slicer - CFO Conference Call Participants Brian Chin - Stifel Vedvati Shrotre - Evercore David Duley - Steelhead Securities Charles Shi - Needham Mark Miller - The Benchmark Company Blayne Curtis - Jefferies Operator Good day, and welcome to the Onto Innovation Second Quarter Earnings Release Conference Call. Today's conference is being recorded.
Onto Innovation (ONTO) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $0.79 per share a year ago.
Onto Innovation's (ONTO) Q2 performance is expected to have benefited from its Dragonfly inspection system.
In the latest trading session, Onto Innovation (ONTO) closed at $189.08, marking a +0.15% move from the previous day.
Onto Innovation (ONTO) reachead $211.91 at the closing of the latest trading day, reflecting a +1.6% change compared to its last close.
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In the most recent trading session, Onto Innovation (ONTO) closed at $229.17, indicating a -0.05% shift from the previous trading day.
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Onto Innovation (ONTO) unveils the JetStep X500 and Firefly G3 systems for panel-level packaging solutions and advanced IC substrates.
Onto Innovation's (ONTO) performance benefits from strong demand for its Dragonfly inspection system.
Onto Innovation is a little-known player in semiconductor manufacturing equipment. The company is making great financial strides along with the AI movement.