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Onto Innovation Q2 Revenue Reaches $343M, Exceeds Expectations
Reports Q2 revenue $343M, consensus $325.25M. "Onto Innovation is positioned well across several key technology inflections driving next generation AI and high performance compute devices," said Mike Plisinski, chief executive officer of Onto Innovation. "High end-market demand, supported by our team's solid execution, resulted in record revenue in both advanced nodes and advanced packaging. Visibility continues to be strong with customers maintaining investments in their multi-year growth plans, resulting in a backlog exceeding $1 billion for the first time in company history. With this momentum, we expect a strong second half of 2026, reinforced by demand trends we believe will extend into 2027."
Sees Q3 Revenue of $380M-$400M, Consensus at $350.54M
Sees Q3 revenue $380M-$400M, consensus $350.54M
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