WILMINGTON, Mass. (AP) _ Onto Innovation Inc. (ONTO) on Thursday reported second-quarter profit of $35.1 million.

On a per-share basis, the Wilmington, Massachusetts-based company said it had net income of 71 cents. Earnings, adjusted for one-time gains and costs, came to 92 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The maker of semiconductor manufacturing equipment posted revenue of $193.4 million in the period.

For the current quarter ending in October, Onto Innovation expects its per-share earnings to range from 85 cents to 99 cents.

The company said it expects revenue in the range of $190 million to $200 million for the fiscal third quarter.

Onto Innovation shares have risen 50% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $71.12, an increase of 84% 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

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