Onto innovation reports 2023 third quarter results

Wilmington, mass.--(business wire)---- $onto--onto innovation inc. (nyse: onto) (“onto innovation,” “onto,” or the “company”) today announced financial results for the third fiscal quarter of 2023. third quarter financial highlights revenue of $207 million was impacted by approximately $10 million as a result of two delayed lithography system shipments to chiplet substrate manufacturers. gaap gross margin and non-gaap gross margin of 52%. gaap operating income of $34 million and gaap net income of $36 mi.
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