2023-08-10 16:06:19 ET
- Onto Innovation press release ( NYSE: ONTO ): Q2 Non-GAAP EPS of $0.79 misses by $0.05 .
- Revenue of $190.66M (-25.6% Y/Y) misses by $12.34M .
- Expected revenue reduced by three lithography system shipments that were delayed to add a customer-specific enhancement package, resulting in $191 million quarterly revenue.
- Q3 Outlook: Revenue is expected to be $205 to $225 million.
- GAAP diluted earnings per share is expected to be in the range of $0.59 to $0.79.
- Non-GAAP diluted earnings per share is expected to be in the range of $0.85 to $1.05.
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Onto Innovation Non-GAAP EPS of $0.79 misses by $0.05, revenue of $190.66M misses by $12.34M