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 reported a record revenue of $256 million for Q2 2022, marking a 33% increase year-over-year. Net income rose to $52 million, a growth of 47% compared to the previous year. The company achieved a GAAP operating margin of 22% and a non-GAAP margin of 29%. The diluted earnings per share reached $1.03, up 45%, while cash reserves totaled $545 million. The company anticipates Q3 revenues between $242 million and $258 million.
Onto Innovation (NYSE: ONTO) has announced repeat orders for its Atlas® V optical critical dimension (OCD) platform, which addresses the advanced metrology needs of the gate-all-around (GAA) / nanosheet transistors. This next-generation technology is critical for improving device performance as the semiconductor industry transitions from FinFETs to GAA devices. The Atlas V system provides precise measurements of individual nanosheets, essential for optimizing performance metrics. Onto Innovation aims to enhance scalability and efficiency in the semiconductor sector.
Onto Innovation Inc. (NYSE: ONTO) has unveiled its new Echo™ opaque film metrology system, which aims to revolutionize in-line characterization in the semiconductor industry. The system addresses an estimated
Onto Innovation Inc. (NYSE: ONTO) will announce its 2022 second quarter financial results on August 9, 2022, after market closure. CEO Michael P. Plisinski and CFO Mark Slicer will lead a conference call at 4:30 p.m. ET to discuss the results. Participants can join via phone or a live webcast available on the company’s website. A replay will be accessible from 7:30 p.m. ET on the same day until 7:30 p.m. ET on August 16, 2022. Onto Innovation specializes in process control and advanced semiconductor packaging technologies.
Onto Innovation (NYSE: ONTO) will exhibit at SEMICON West from July 12-14, 2022, at Booth 629 in the South Hall of Moscone Center. The management team, including CEO Mike Plisinski and CFO Mark Slicer, will hold customer and investor meetings during the event. Onto Innovation focuses on solving complex manufacturing challenges with advanced technology solutions, including optics, measurement, and analytics, to enhance chip manufacturing quality and efficiency. The company aims to support customers across the semiconductor value chain.
Onto Innovation has shipped its first Dragonfly G3 system with the new EB40 module to a leading semiconductor manufacturer. The EB40 enhances all-surface wafer inspection, addressing yield loss from defects. This new tool boasts 30% greater sensitivity and doubles throughput compared to previous systems. Demand for early detection of yield issues is increasing, especially for advanced packages. The Dragonfly G3 and EB40 combination is set to expand Onto's market within advanced logic and memory segments. Volume purchase agreements are aligned with the company’s 2022 outlook.
Onto Innovation Inc. (NYSE: ONTO) announces participation in three upcoming investor conferences. The management team, including CEO Michael Plisinski and CFO Mark Slicer, will attend B. Riley's Annual Institutional Investor Conference on May 25, 2022, in Beverly Hills, California. They will also participate in Cowen's Technology, Media & Telecom Conference on June 1, 2022, in New York City, and Stifel’s Cross Sector Insight Conference on June 9, 2022, in Boston, Massachusetts, where a fireside chat will be available via live audio webcast.
Onto Innovation Inc. (NYSE: ONTO) announces the appointment of Mark Slicer as the new chief financial officer, succeeding Steve Roth, who retires after 26 years. Slicer brings nearly 29 years of finance experience from companies like Boston Scientific, where he managed significant financial operations. CEO Mike Plisinski highlights Slicer's expertise in financial performance and M&A integration as vital for Onto's growth. Roth will remain as an advisor until year-end. The company continues to focus on core semiconductor services and seeks to enhance value for shareholders.
Onto Innovation reported a record revenue of $241 million for Q1 2022, reflecting a 43% year-over-year growth. Net income reached $53 million, marking a 121% increase compared to Q1 2021. The company achieved a gross profit margin of 54% and improved operating margins to 24% GAAP and 31% non-GAAP. Advanced Nodes revenue was $100 million, while Specialty revenue also hit $100 million. Despite strong demand, Onto expects ongoing supply chain challenges throughout the year.
Onto Innovation Inc. (NYSE: ONTO) will report its Q1 2022 financial results on May 3, 2022, after market close. A conference call hosted by CEO Michael P. Plisinski and CFO Steven R. Roth will follow at 4:30 p.m. ET. Participants can join by calling (888) 204-4368, with a replay available until May 10, 2022. Onto Innovation specializes in process control with advanced technologies in semiconductor manufacturing, focusing on yield and device performance. More details can be found on their website.