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. (NYSE: ONTO) is a process control and semiconductor equipment company whose news flow centers on technology introductions, customer recognition, acquisitions and financial performance. The company designs and supports metrology, defect inspection, lithography and data analysis systems used by microelectronics device manufacturers, and its announcements often highlight how these tools address yield, performance, quality and reliability issues across the semiconductor value chain.
News about Onto Innovation frequently covers product launches and technology updates, such as the Atlas G6 optical critical dimension metrology system and the expansion of Dragonfly 3Di metrology and inspection platforms for advanced node logic, high bandwidth memory and AI‑focused packaging. These releases describe capabilities in un‑patterned wafer quality, 3D metrology, macro defect inspection, metal interconnect composition and factory analytics, as well as the integration of machine learning and predictive analytics into process control applications.
Investors and industry followers will also see customer and partner‑related news, including recognition from major foundries. For example, Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) presented Onto Innovation with an “Excellent Production Support” award, citing the company’s support of deliveries and use of artificial intelligence technologies in metrology and inspection systems.
Another key theme in ONTO news is corporate development and M&A. The company has reported on its agreement to acquire, and subsequent completion of the acquisition of, Semilab USA LLC and related materials analysis product lines, as well as updates on regulatory review and transaction terms through Form 8‑K filings and press releases.
Regular earnings releases and investor event announcements provide updates on quarterly results, financial outlook and participation in technology and semiconductor conferences. For ongoing coverage of ONTO, this page aggregates these technology, customer, acquisition and financial disclosures in one place.
Onto Innovation Inc. (NYSE: ONTO) will participate in the 10th Annual December CEO Summit on December 8, 2021, at the St. Regis hotel in San Francisco, coinciding with SEMICON West 2021. The event features a round-robin format with representatives from 11 companies. Attendance is by invitation only, restricted to accredited investors and analysts, with registration closing on November 29, 2021. Onto Innovation, a leader in semiconductor process control, offers a range of technologies to enhance yield, performance, and quality for its customers.
Onto Innovation reported a record quarterly revenue of $200.6 million for Q3 2021, marking a remarkable 59% year-over-year growth compared to Q3 2020. The company's gross margin improved to 55%, with operating margins also on the rise at 21% GAAP and 29% non-GAAP. Cash flow from operations reached $126.3 million, representing 22% of revenue. Positive momentum is expected to continue into Q4 2021, with projected revenues between $210 million and $220 million. The backlog is noted to be more than twice that of the previous year, indicating strong demand going into 2022.
Onto Innovation Inc. (NYSE: ONTO) will announce its third quarter financial results for 2021 after the market closes on November 4, 2021. Following the release, a conference call hosted by CEO Michael P. Plisinski and CFO Steven R. Roth will take place at 4:30 p.m. ET. Participants can join via phone or through a live webcast on the company’s website. A replay of the call will be available from 7:30 p.m. ET on November 4 until 7:30 p.m. ET on November 11. For more information, visit www.ontoinnovation.com.
Onto Innovation has appointed Karen Rogge to its board of directors. With extensive experience in finance and operations, Rogge has held notable positions, including interim CFO at Applied Micro Circuits and CFO at Extreme Networks. Her history includes leadership roles at Hewlett Packard and a successful tenure at Kemet Corporation, contributing to its $1.8 billion acquisition. The board anticipates her strategic insights will enhance Onto's market position as the company aims for growth in the semiconductor industry.
Onto Innovation Inc. (NYSE: ONTO) reported a 50% growth in unit volumes of its Dragonfly inspection system in H1 2021, with expectations of a 70% compound annual growth rate (CAGR) from 2018 to 2021. The company’s Dragonfly G3 platform has attracted tier 1 customers, enhancing sensitivity and throughput. This innovation is pivotal for the semiconductor industry, particularly in 5G and AI applications. Onto Innovation aims to solve complex challenges in process control and yield improvement, further solidifying its market presence.
Onto Innovation (NYSE: ONTO) announced CEO Michael Plisinski and Senior Director Michael Sheaffer will attend the Jefferies Virtual Semiconductor Summit from August 31 to September 1, 2021. They are scheduled for one-on-one meetings on September 1, from 8:00 a.m. to 3:30 p.m. Central Time. Onto Innovation is recognized for its expertise in process control technologies, including wafer quality and defect inspection, helping customers enhance yield and device performance across the semiconductor value chain.
Onto Innovation announced its Q2 2021 financial results, reporting revenue of $193 million, a 43% increase year-over-year and a 14% sequential growth. Gross margin improved to 55%. Key drivers included a 45% rise in specialty device revenue and substantial demand for inspection systems. Noteworthy is the $76 million year-to-date cash flow from operations. The company anticipates Q3 revenue between $190 million and $200 million, with net income per diluted share expected to range from $0.62 to $0.76.
Onto Innovation Inc. (NYSE: ONTO) announced its participation in two upcoming investor conferences. The B. Riley Securities Live Summer Summit is scheduled for August 18, 2021, from 7 a.m. to 11:35 a.m. PT in Santa Monica, California. Additionally, the Second Annual Needham Virtual SemiCap and EDA Conference will occur on August 24, 2021, offering one-on-one meetings throughout the day. Onto Innovation specializes in advanced semiconductor technologies, focusing on process control and yield optimization for customers globally.
Onto Innovation is set to announce its Q2 2021 financial results on August 5, 2021, after market close. The announcement will be accompanied by a live conference call at 4:30 p.m. ET, hosted by CEO Michael P. Plisinski and CFO Steven R. Roth. Investors can participate via telephone or listen to the live webcast on the company’s website. A replay of the call will be available from 7:30 p.m. ET on the release day until August 12, 2021. Onto Innovation leads in process control technology for the semiconductor industry, enhancing yield, performance, and reliability for clients.
Onto Innovation (NYSE: ONTO) announced that CFO Steven R. Roth will retire in 2022 after ensuring a smooth transition to his successor. Roth, who joined Rudolph Technologies in 1996, has contributed significantly to Onto's establishment and growth as the fourth largest wafer fabrication equipment company in the U.S. CEO Mike Plisinski praised Roth's impact on the company's strategic positioning in the semiconductor industry. Onto Innovation continues to focus on enhancing its portfolio of technologies to meet customer needs across the semiconductor value chain.