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Onto Innovation (ONTO)
:ONTO
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.27Last Year’s EPS
1.32Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -22.03%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted record-breaking revenue and growth driven by advanced nodes and metrology business expansion. However, challenges such as the impact of tariffs, a decline in specialty device and advanced packaging revenue, and a need for new inspection tools were noted. The expected Q3 low point in revenue adds to the concerns. Despite these challenges, the company's strong operating cash flow and strategic plans to mitigate tariffs present a mixed but cautious outlook.Company Guidance
During the Onto Innovation First Quarter Earnings Release Conference Call, the company reported a record revenue of $267 million, driven by expansions in advanced nodes and packaging. Advanced nodes contributed $93 million, representing a 96% increase from the previous quarter and making up 35% of total revenue. Specialty devices and advanced packaging brought in $129 million, accounting for 48% of revenue, albeit with a 24% decline from Q4. Software and services generated $44 million, comprising 17% of revenue. The first quarter achieved a gross margin of 55%, aligning with the guidance range of 54% to 56%. Operating expenses for Q1 were $70 million, and operating income reached $76 million, representing 29% of revenue. Onto Innovation ended the quarter with $851 million in cash and short-term investments, executing $75 million in share buybacks. The company anticipates second-quarter revenue between $240 million and $260 million, with a gross margin of 54% to 56%. Operating expenses for Q2 are expected to be between $72 million and $75 million, with non-GAAP earnings projected at $1.21 to $1.35 per share.Record-Breaking Revenue and Growth
Onto Innovation set another revenue record for the quarter, delivering $267 million in revenue, representing a 17% increase versus the prior year. First quarter EPS increased 28% versus the prior year.
Advanced Nodes Revenue Surge
Advanced nodes revenue increased 96% over Q4 to $93 million, representing 35% of revenue.
Strong Operating Cash Flow
A record operating cash flow of $92 million was achieved due to continued discipline in working capital management.
Successful Metrology Business Expansion
Record quarters were achieved for new products Iris films Metrology and IMPULSE 5 Integrated Metrology.
ONTO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ONTO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $126.81 | $88.50 | -30.21% |
Feb 06, 2025 | $210.59 | $186.96 | -11.22% |
Oct 31, 2024 | $198.33 | $176.10 | -11.21% |
Aug 08, 2024 | $177.81 | $192.94 | +8.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Onto Innovation (ONTO) report earnings?
Onto Innovation (ONTO) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Onto Innovation (ONTO) earnings time?
Onto Innovation (ONTO) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ONTO EPS forecast?
ONTO EPS forecast for the fiscal quarter 2025 (Q2) is 1.27.