Onto Innovation Inc. reported earnings results for the second quarter and six months ended June 29, 2024. For the second quarter, the company reported sales was USD 242.33 million compared to USD 190.66 million a year ago. Net income was USD 52.95 million compared to USD 25.9 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 1.07 compared to USD 0.53 a year ago.
For the six months, sales was USD 471.17 million compared to USD 389.83 million a year ago. Net income was USD 99.8 million compared to USD 54.96 million a year ago. Basic earnings per share from continuing operations was USD 2.02 compared to USD 1.12 a year ago. Diluted earnings per share from continuing operations was USD 2.01 compared to USD 1.12 a year ago.