WILMINGTON, Mass. (AP) _ Onto Innovation Inc. (ONTO) on Tuesday reported second-quarter net income of $7.4 million.
The Wilmington, Massachusetts-based company said it had profit of 15 cents per share. Earnings, adjusted for one-time gains and costs, were 42 cents per share.
The maker of semiconductor manufacturing equipment posted revenue of $134.9 million in the period.
For the current quarter ending in October, Onto Innovation expects its per-share earnings to range from 28 cents to 40 cents.
The company said it expects revenue in the range of $122 million to $132 million for the fiscal third quarter.
Onto Innovation shares have climbed almost 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.67, an increase of 31% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONTO at https://www.zacks.com/ap/ONTO
Automated Insights, source Associated Press News