Onto Innovation Reports Q3 Financial Results and Issues Q4 Outlook

Onto Innovation reported third-quarter revenue of $409.7 million, above the FactSet estimate of $392.1 million, and adjusted EPS of $2.44, beating the $2.30 consensus. For the fourth quarter, the company forecast revenue of $430 million to $450 million and adjusted EPS of $2.59 to $2.79, above the FactSet EPS estimate of $2.48.