Onto Innovation Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 207.19 million compared to USD 254.25 million a year ago. Net income was USD 35.89 million compared to USD 52.22 million a year ago. Basic earnings per share from continuing operations was USD 0.73 compared to USD 1.05 a year ago. Diluted earnings per share from continuing operations was USD 0.73 compared to USD 1.05 a year ago.
For the nine months, sales was USD 597.01 million compared to USD 751.91 million a year ago. Net income was USD 90.85 million compared to USD 157.12 million a year ago. Basic earnings per share from continuing operations was USD 1.86 compared to USD 3.17 a year ago. Diluted earnings per share from continuing operations was USD 1.84 compared to USD 3.15 a year ago.