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Onto Innovation (ONTO) Surpasses Q1 Earnings and Revenue Estimates

Onto Innovation (ONTO) came out with quarterly earnings of 1.51pershare,beatingtheZacksConsensusEstimateof1.51 per share, beating the Zacks Consensus Estimate of 1.47 per share. This compares to earnings of 1.18pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof2.721.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.72%. A quarter ago, it was expected that this maker of semiconductor manufacturing equipment would post earnings of 1.39 per share when it actually produced earnings of $1.51, delivering a surprise of 8.63%.Over ...