Onto Innovation Inc Stock Price, News & Analysis

Onto Innovation (NYSE: ONTO) reported strong Q2 2025 financial results with revenue of $253.6 million, up 5% year-over-year. The company achieved non-GAAP earnings per share of $1.25 and maintained a robust cash position of $895 million.

Key highlights include the expansion of Dragonfly® 3Di metrology footprint with tools shipped to over 10 customers, and the announced $545 million acquisition of Semilab, expected to add $130 million in annual revenue. While Q3 2025 is projected as a low watermark with revenue guidance of $210-225 million, the company anticipates growth acceleration in Q4 driven by AI packaging demand.

Onto Innovation (NYSE: ONTO) has scheduled its second quarter 2025 financial results announcement for August 7, 2025, after market close. The company will host a conference call and audio webcast featuring CEO Michael P. Plisinski and CFO Brian Roberts.

The conference call will begin at 4:30 p.m. ET. Participants can join via phone using the dial-in number (888) 394-8218 (US) or +1 (646) 828-8193 (International) with conference ID 8788805. A live webcast will be available on the company's website, and a replay will be accessible for one year.

Onto Innovation (NYSE: ONTO) has announced a definitive agreement to acquire Semilab International's materials analysis business for $545 million, comprising $475 million in cash and 706,215 shares of Onto Innovation common stock. The acquisition adds four complementary product lines for inline wafer contamination monitoring and materials interface characterization.

The acquired portfolio has demonstrated a 20% compound annual growth rate since 2021 and is projected to generate approximately $130 million in annual revenue in 2025. The transaction is expected to be immediately accretive to both gross and operating margins, increasing non-GAAP earnings per share by more than 10% in the first year following close.

The acquisition aligns with Onto Innovation's strategy to excel in high-growth, high-margin segments of the semiconductor value chain, particularly in areas where device complexity is accelerating. The transaction is expected to close in the second half of 2025, subject to U.S. and Hungarian regulatory approvals and customary closing conditions.

Onto Innovation (NYSE: ONTO) has strengthened its leadership team with two key appointments effective June 16, 2025. Brian Roberts, a seasoned financial executive with 30 years of experience and 20 years as CFO, joins as Chief Financial Officer from Sensata Technologies. Shirley Chen, bringing 25 years of semiconductor industry experience, takes the role of Senior Vice President of Customer Success. Roberts, who will be based in Wilmington, Massachusetts, previously served as CFO at Sensata Technologies, which generated approximately $4 billion in revenue in 2024. Chen, who will be based in Milpitas, California, comes with extensive experience from KLA and Thermo-Fisher, where she led large teams in semiconductor sales and operations. Both executives will report directly to CEO Mike Plisinski. The appointments come as Onto Innovation aims to accelerate its strategic objectives in the semiconductor industry. Current CFO Mark Slicer will be transitioning out of the company.

Onto Innovation (NYSE: ONTO) has announced its senior management team's participation in three upcoming investor conferences in May and June 2025:

• B. Riley Securities 25th Annual Institutional Investor Conference on May 22 in Marina Del Ray, California
• TD Cowen 53rd Annual Technology, Media & Telecom Conference on May 28 in New York
• Stifel 2024 Cross Sector Insight Conference on June 3 in Boston

Management will be available for one-on-one meetings with investors at all three events, which can be scheduled through respective bank salespersons.

Onto Innovation (NYSE: ONTO) reported strong Q1 2025 financial results with record quarterly revenue of $267 million, marking the seventh consecutive quarter of growth. The company achieved a GAAP gross margin of 54% and non-GAAP gross margin of 55%. GAAP diluted EPS reached $1.30, while non-GAAP diluted EPS was $1.51. The company generated record cash from operations of $92 million, representing 35% of revenue. Advanced nodes revenue doubled quarter-over-quarter, with growth across DRAM, NAND, and gate-all-around devices. For Q2 2025, Onto expects revenue between $240-260 million and non-GAAP diluted EPS of $1.21-$1.35.

Onto Innovation (NYSE: ONTO) has scheduled its first quarter 2025 financial results announcement for May 8, 2025, after market close. The company will host a conference call and audio webcast featuring CEO Michael P. Plisinski and CFO Mark Slicer at 4:30 p.m. ET.

Participants can join via phone at (888) 256-1007 (US) or +1 (929) 477-0448 (International) using conference ID 6607568. A live webcast will be available on the company's website, with a replay accessible for one year.

Onto Innovation (NYSE: ONTO) reported strong financial results for Q4 and full year 2024, achieving record quarterly revenue of $264 million and full-year revenue of $987 million, representing 21% growth over 2023. The company demonstrated robust performance with a GAAP gross margin of 50% and non-GAAP gross margin of 55% in Q4.

Key highlights include AI packaging revenue growth of 180% compared to 2023, continuous improvement in advanced nodes revenue for four consecutive quarters, and strong cash generation from operations at $246 million, up 43% from 2023. The company's Q4 GAAP diluted EPS was $0.98, while non-GAAP diluted EPS reached $1.51, exceeding guidance.

Looking ahead to Q1 2025, Onto Innovation projects revenue between $260-274 million and non-GAAP diluted EPS of $1.40-1.54.

Onto Innovation (NYSE: ONTO) has announced it will release its fourth quarter and full year 2024 financial results after market close on February 6, 2025. The company will host a conference call and audio webcast following the release, led by CEO Michael P. Plisinski and CFO Mark Slicer.

The conference call is scheduled for 4:30 p.m. ET on February 6, 2025. Participants can join via phone at (888) 394-8218 (US) or +1 (646) 828-8193 (International) using conference ID 1186967. A live webcast will be available on the company's website, and a replay will be accessible for one year at www.ontoinnovation.com.