Onto innovation reports 2023 second quarter results

Wilmington, mass.--(business wire)---- $onto--onto innovation inc. (nyse: onto) (“onto innovation,” “onto,” or the “company”) today announced financial results for the second fiscal quarter of 2023. second quarter financial highlights expected revenue reduced by three lithography system shipments that were delayed to add a customer-specific enhancement package, resulting in $191 million quarterly revenue. gaap gross margin and non-gaap gross margin of 53%. gaap operating income of $25 million and gaap ne.
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