Onto Innovation is trading 13.11% up now at $303.61 after reporting record second-quarter revenue of $343.1 million, exceeding the $325.3 million FactSet estimate, and adjusted EPS of $1.93 versus $1.69 expected.

  • Advanced-node revenue rose 50% sequentially; backlog exceeded $1 billion, with stronger second-half expectations.
  • Third-quarter revenue guidance is $380–$400 million. The results and outlook are the clear company-specific catalyst behind the August 6, 2026 after-hours surge.