Onto Innovation Projects Q4 Revenue Between $430M and $450M Amid Growing Backlog
Onto Innovation (NYSE: ONTO) has provided a strong revenue outlook for the fourth quarter, projecting between $430 million and $450 million. This guidance is supported by a substantial order backlog that has now surpassed $1.3 billion, signaling robust demand for the company's semiconductor inspection and metrology solutions. CEO Michael Plisinski highlighted that chip demand remains high and the company's visibility into future orders is at an all-time high. The management team expressed confidence in their diverse product portfolio across the semiconductor value chain, positioning the company to capitalize on ongoing industry growth.

Tickers: $ONTO
Topics: chip demand company outlook earnings call semiconductor equipment
Read the full article at Seeking Alpha
Part of the story Onto Innovation Reports Strong Q3 2026 Results Driven by Advanced Packaging Demand (7 articles)