Welcome to our dedicated page for Onto Innovation news (Ticker: ONTO), a resource for investors and traders seeking the latest updates and insights on Onto Innovation stock.
Onto Innovation Inc. (ONTO) delivers advanced process control and inspection systems critical for semiconductor manufacturing. This page for comprehensive coverage of corporate developments, including earnings reports, product launches, and strategic partnerships.
Access real-time updates on ONTO's innovations in metrology, defect inspection, and lithography technologies. Investors and industry professionals will find curated press releases and analysis of operational milestones impacting semiconductor production efficiency.
Key updates include quarterly financial results, R&D breakthroughs, and market expansion announcements. Bookmark this page to monitor how ONTO addresses evolving challenges in device miniaturization and manufacturing yield optimization.
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 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) 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.
Onto Innovation (NYSE: ONTO) announced advances in its 3D interconnect process control suite, featuring two key developments: the new 3Di™ technology on the Dragonfly® G3 system for bump process control in high bandwidth memory and advanced logic applications, and the EchoScan™ system for detecting micro-voids in wafer bonding applications.
Initial orders for the 3Di technology include a top HBM manufacturer, a tier one OSAT, and a leading bump process equipment manufacturer. The first EchoScan system will ship in Q1, with additional deliveries planned throughout 2025. The solutions address the growing market for advanced packages with 2.5D and 3D integration, projected to grow at 19% from 2024-2028.
The technologies specifically target decreasing interconnect bump heights in high volume manufacturing (from 12µm to potentially 4µm) and enable void detection as small as 1µm in wafer bonding applications, significantly improving upon current technologies to ≥10µm sensitivity.
Onto Innovation (NYSE: ONTO) has secured a significant $69 million volume purchase agreement with a leading DRAM manufacturer for its optical metrology ecosystem. The agreement covers common films, optical critical dimension, and integrated metrology solutions, with deliveries starting in Q1 2025.
The company has also announced the launch of its new Iris G2 system, a single platform film metrology system designed for both common and critical films applications. The system features deep ultraviolet spectroscopic ellipsometry for common films and proprietary laser ellipsometry technologies for critical films. This innovation targets the critical films market, estimated to reach $400 million in 2025.
The company reports that demand for its films metrology has nearly doubled year over year. The Iris G2 system aims to provide improved stability and higher throughput for ultra-thin multilayer films measuring 10Å to 50Å, while offering customers flexibility in optimizing cost of ownership and performance.
Onto Innovation (NYSE: ONTO) has announced its participation in the 27th Annual Needham Growth Conference, scheduled at the Lotte New York Palace Hotel on January 15, 2025. Michael Plisinski, CEO, and Mark Slicer, CFO, will represent the company, with Plisinski delivering a presentation at 8:45 a.m. ET.
Investors can access the live webcast through the company's investor relations website. The company will be available for one-on-one meetings throughout January 15. All presentation materials and the archived webcast will remain accessible for one year on Onto's investor relations webpage at investors.ontoinnovation.com. Interested parties should contact their Needham salesperson to arrange meetings.
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