Reports Q4 revenue $263.939M, consensus $260.53M. Michael Plisinski, chief executive officer of Onto Innovation (ONTO), commented, “Onto Innovation finished the year strongly, carried forward by investments in AI, power semiconductors, and new gate all around transistor technology. The current market momentum in AI packaging and increased demand from the advanced nodes combined with the new products we recently launched position us to continue to address the challenges our customers face today and into the future.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONTO:
- ONTO Earnings this Week: How Will it Perform?
- Onto Innovation receives $69M volume purchase agreement from DRAM manufacturer
- Onto Innovation management to meet with Needham
- Onto Innovation named 2025 Top Pick, added to Conviction List at Needham
- Onto Innovation initiated with an Overweight at Cantor Fitzgerald