Onto Innovation reports Q2 EPS $1.25, consensus $1.28

Reports Q2 revenue $253.6M, consensus $250.7M. “We continue to increase our value to customers through innovative development across our product platforms as evidenced by an expected near doubling of revenue in 2025 in advanced nodes markets, expanded positions in Dragonfly’s 3Di interconnect metrology, and validated sensitivity and scan time performance in our next generation inspection Dragonfly system. In addition, the new material characterization capabilities from the pending Semilab acquisition further increases the breadth and depth of our portfolio,” said Michael Plisinski, chief executive officer of Onto Innovation (ONTO). “While third quarter revenue will likely represent a low watermark for the year, we expect an acceleration in AI packaging spend in the fourth quarter which should return total fourth quarter revenue to a level consistent with what we reported in the first and second quarters of this year with continued momentum into 2026.”