Onto Innovation reports Q1 EPS $1.51, consensus $1.47

Reports Q1 revenue $266.6M, consensus $266.2M. Michael Plisinski, chief executive officer of Onto Innovation (ONTO), commented, “We are pleased to report another record quarter for Onto Innovation, underscoring our strong market alignment and operational improvements, which resulted in record cash generation of 35% of revenue. The robust demand in advanced nodes is effectively demonstrating the strength of our optical metrology portfolio, while the packaging market is growing and evolving to require the need for more advanced 2D and 3D inspection and metrology solutions. Our product roadmaps are well aligned with these technology transitions expected late this year and early 2026.”