WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — Onto Innovation Inc. (ONTO) on Monday reported third-quarter profit of $46.8 million.

On a per-share basis, the Wilmington, Massachusetts-based company said it had net income of 95 cents. Earnings, adjusted for one-time gains and costs, were $2.44 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share.

The maker of semiconductor manufacturing equipment posted revenue of $409.7 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $390.7 million.

For the current quarter ending in December, Onto Innovation expects its per-share earnings to range from $2.59 to $2.79.

The company said it expects revenue in the range of $430 million to $450 million for the fiscal fourth quarter.

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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