WILMINGTON, Mass. (AP) _ Onto Innovation Inc. (ONTO) on Thursday reported third-quarter net income of $52.2 million.

On a per-share basis, the Wilmington, Massachusetts-based company said it had profit of $1.05. Earnings, adjusted for one-time gains and costs, were $1.35 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.

The maker of semiconductor manufacturing equipment posted revenue of $254.3 million in the period.

For the current quarter ending in December, Onto Innovation expects its per-share earnings to range from $1.25 to $1.40.

The company said it expects revenue in the range of $244 million to $256 million for the fiscal fourth quarter.

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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