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. reports developments in semiconductor process-control equipment, including metrology, macro defect inspection, lithography for advanced packaging, factory analytics and wafer-quality systems. News commonly centers on operating results, guidance, customer evaluations and qualifications for Dragonfly® inspection platforms and 3Di™ metrology used in advanced packaging and high-bandwidth memory manufacturing.
Company updates also cover product launches, completed product-line acquisitions, material agreements, investor events and governance matters for a business serving chipmakers through U.S. manufacturing and a worldwide sales and service organization.
Onto Innovation Inc. (NYSE: ONTO) announced participation in the 25th Annual Needham Growth Conference at Lotte New York Palace Hotel on January 10-11, 2023. CEO Michael Plisinski and CFO Mark Slicer will join an investor fireside chat on January 11 at 12:45 p.m. ET, hosted by Needham analyst Quinn Bolton. The event will be available via live webcast, with presentation materials accessible for a year on Onto’s investor relations page. One-on-one meetings with management can be scheduled during the conference on January 11.
Onto Innovation Inc. (NYSE: ONTO) will participate in Morgan Stanley's Technology, Media & Telecom Conference on November 16, 2022, in Barcelona. CEO Michael Plisinski and CFO Mark Slicer will be present, offering one-on-one meetings throughout the day. The company focuses on advanced semiconductor technologies, including wafer quality and metrology, aimed at enhancing device performance and reliability. With a global presence and a broad technology portfolio, Onto Innovation is committed to optimizing customer efficiency and progress in the semiconductor sector.
Onto Innovation announced its third-quarter 2022 financial results, achieving a 27% revenue growth to $254 million and a 43% increase in net income, totaling $52 million. The gross profit margin improved to 55%, and GAAP diluted earnings per share rose 44% to $1.05. Notable growth was reported from compound semiconductor customers and advanced nodes, with a significant focus on electrification and next-generation technology. The company expects fourth-quarter revenue between $244 million and $256 million.
Onto Innovation Inc. (NYSE: ONTO) will announce its Q3 2022 financial results on October 27, 2022, after market close. The company will host a conference call at 4:30 p.m. ET to discuss these results, led by CEO Michael P. Plisinski and CFO Mark Slicer. Participation is available via phone or through a live webcast on the company’s website. Onto Innovation specializes in advanced semiconductor technologies, offering solutions in process control, defect inspection, and factory analytics, aimed at optimizing performance and reliability.
Onto Innovation has inaugurated a new training, demonstration, and solutions development center in Gyeonggi-do Province, South Korea, on August 24, 2022. This facility aims to support customers across Asia with advanced inspection, metrology, and lithography solutions. A second center will open in Hsinchu, Taiwan, later this year, enhancing collaboration and speeding up the qualification of semiconductor technologies. The centers will facilitate training and the development of tailored solutions, thereby addressing customer-specific manufacturing challenges.
Onto Innovation announced participation in upcoming investor conferences, including Needham’s Annual Virtual Semiconductor & SemiCap 1x1 Conference on August 24, 2022 and Jefferies’ Semiconductors, IT Hardware & Communications Infrastructure Summit on August 29, 2022. CEO Michael Plisinski and CFO Mark Slicer will represent the company, engaging in one-on-one meetings with investors.
Onto Innovation, headquartered in Wilmington, Massachusetts, specializes in process control and offers advanced technologies for the semiconductor industry, addressing critical yield and performance challenges.
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 $110 million market by delivering critical thickness metrology for advanced DRAM and NAND memory technologies. With a robust order backlog of $20 million, the Echo system enhances processing capabilities for a variety of applications including 5G communication and electric vehicle markets. Early adoption indicates strong market interest and growth potential.
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.