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Onto Innovation's Q1 Earnings Beat on Solid Y/Y Top-Line Improvement

Onto Innovation Inc. (ONTO) reported first-quarter 2025 earnings per share of 1.51,whichbeattheZacksConsensusEstimateby2.71.51, which beat the Zacks Consensus Estimate by 2.7%. The bottom line compared favorably with the prior-year quarter's 1.18.Quarterly revenues of $267 million beat the Zacks Consensus Estimate by 0.6% and increased 16.5% year over year. This marks the company’s seventh straight quarter of top-line growth, driven by expansions in advanced nodes and packaging for AI compute engines and cloud enterprise servers.Specialty devices a ...