Financial Performance - Record revenue of 266.6millionforQ12025,markingtheseventhconsecutivequarterofgrowth[6]−NetincomeforQ12025was64.1 million, up from 48.8millioninQ42024[5]−RevenueforthethreemonthsendedMarch29,2025,was266,607,000, an increase of 16.5% from 228,846,000forthesameperiodin2024[26]−Operatingincomeroseto76,495,000, with an operating margin of 29%, compared to 25% in the same quarter last year[28] - Net income for the period was 74,809,000,reflectingasignificantincreasefrom58,452,000 year-over-year[30] Profitability Metrics - GAAP gross profit margin increased to 54%, up from 50% in Q4 2024[5] - Gross profit increased to 146,868,000,resultinginagrossmarginof5563.1 million, compared to 42.5millioninQ42024[5]−Dilutedearningspershareincreasedto1.51, up from 1.18inthepreviousyear[30]FutureGuidance−GuidanceforQ22025revenueisprojectedtobebetween240 million and 260million[11]−GAAPdilutedearningspershareexpectedtobeintherangeof0.99 to 1.13forQ22025[11]−Non−GAAPdilutedearningspershareexpectedtobeintherangeof1.21 to 1.35forQ22025[11]−ThecompanyprovidedguidanceforestimatedU.S.GAAPnetincomeperdilutedsharebetween0.99 and 1.13fortheupcomingquarter[32]−Non−GAAPdilutedearningspershareareestimatedtobebetween1.21 and 1.35forthenextquarter[32]OperationalHighlights−Advancednodesrevenuedoubledquarter−over−quarter,withsignificantgrowthinDRAM,NAND,andgate−all−arounddevices[6]−Iris™filmmetrologyrevenueincreasedover2592 million, representing 35% of revenue[6] - Total operating expenses were 70,373,000,comparedto61,808,000 in the same quarter last year[28] - Research and development expenses were 28,030,000,anincreasefrom26,554,000 in the prior year[26] - Interest income increased to 9,266,000,comparedto7,361,000 in the same quarter last year[26]
Onto Innovation(ONTO)2025-05-08 20:06