- Onto Innovation reported second-quarter revenue of $253.6 million, marking a 4.7% increase compared to the previous year and aligning with the estimated revenue of $251.1 million.
- The company’s gross margin improved to 54.5%, up from 53% year-over-year.
- Non-GAAP operating income rose by 1.7% year-over-year to $65.6 million, slightly above the estimate of $64.4 million.
- Adjusted gross profit reached $138.3 million, reflecting a 7.2% year-over-year increase, surpassing the estimated $137.7 million.
- Pretax profit was reported at $39.7 million, showing a significant 31% decrease from the previous year.
- The company anticipates that AI packaging spend will accelerate in the fourth quarter, potentially bringing fourth-quarter revenue back in line with the first and second quarters of the year.
- Onto Innovation expects a near doubling of revenue in 2025 within advanced nodes markets, supported by advancements in their Dragonfly system and 3Di interconnect metrology.
- Investment analyst recommendations include 6 buys, 3 holds, and no sells.
Nanometrics Inc on Smartkarma
Analyst Coverage of Nanometrics Inc on Smartkarma
Analyst coverage of Nanometrics Inc on Smartkarma by Baptista Research showcases a positive sentiment towards the company’s performance. In the report titled “Onto Innovation: Is The Advanced Packaging & AI Compute Growth Here To Stay?“, the analysts highlight Nanometrics’ significant revenue record of $267 million in the first quarter of 2025, driven by advancements in AI compute engines and cloud investments despite facing challenges from U.S. tariff policies.
Further, in the report titled “Onto Innovation Just Doubled Its Node Revenue—What’s Driving This Metrology Surge?“, Nanometrics’ revenue growth is attributed to expansions in advanced nodes and packaging sectors amidst operational challenges. The analysts remain optimistic about Nanometrics’ growth potential, especially in the advanced nodes market, as demonstrated in the report “Onto Innovation: The Advanced Nodes Market Is A SOLID Opportunity But Can They Capitalize?” which highlights the company’s strong financial results and market demand.
A look at Nanometrics Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Nanometrics Inc shows a promising long-term outlook. With strong scores in Growth and Resilience (4 out of 5 for both), the company is positioned for sustainable expansion and able to weather market challenges effectively. While the Value score sits at an average level of 3, the company’s momentum score is slightly lower at 2. Nanometrics Inc is in a favorable position for growth and resilience in the coming years, which can positively impact its performance in the market.
Onto Innovation Inc, which provides process control solutions and inspection systems for semiconductor fabrication and other applications, serves as a foundation for Nanometrics Inc. Leveraging Onto Innovation’s expertise and market presence, Nanometrics Inc can benefit from a stable customer base and industry knowledge to drive its growth trajectory further. With a strategic focus on innovation and quality solutions, Nanometrics Inc stands to capitalize on its partnership with Onto Innovation for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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