Onto Innovation Reports 2026 First Quarter Results
Onto Innovation reported record first-quarter revenue of $292 million, representing 9.5% year-over-year growth and nearly 10% sequential growth. Non-GAAP diluted EPS was $1.42, with cash and short-term investments totaling $654 million at quarter end. The company announced a strategic move to acquire a 27% ownership stake in Rigaku for approximately $710 million, adding advanced X-ray technologies to its portfolio. Additionally, the Dragonfly G5 system qualified at a leading 2.5D logic customer and the Atlas G6 system was selected by a second logic customer.
Key figures
- Eps
- 1.42
- Revenue
- 291900000
- Guidance
- Q2 Revenue $320 million to $330 million
- Revenue Yoy
- 9.5%
- Deal Value Usd
- 710000000
- Gaap eps
- 0.67
- Cash position
- 654164000
- Gross margin non gaap
- 55.7%
- Operating income gaap
- 33514000
AI analysis
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