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) is a leading name in the field of process control, known for its broad portfolio of advanced technologies. The company’s offerings span un-patterned wafer quality, 3D metrology covering chip features from nanometer-scale transistors to large die interconnects, macro defect inspection of wafers and packages, metal interconnect composition, factory analytics, and lithography for advanced semiconductor packaging. These solutions help customers address complex yield, device performance, quality, and reliability issues across the semiconductor value chain.
Headquartered in Wilmington, Massachusetts, Onto Innovation boasts a global sales and service organization, supporting customers worldwide. Traded on the New York Stock Exchange under the symbol ONTO, the company is engaged in designing, developing, manufacturing, and supporting high-performance control metrology, defect inspection, lithography, and data analysis systems. These are crucial for microelectronics device manufacturers, ensuring smarter, faster, and more efficient operations.
The company operates predominantly in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea being major sources of revenue. Onto Innovation's commitment to innovation enables it to stay at the forefront of the semiconductor industry, continuously optimizing the critical path of progress for its customers.
Recent achievements include advancements in 3D metrology and significant improvements in defect inspection technologies. The company is currently focused on expanding its technological capabilities and strengthening its market position through strategic partnerships and cutting-edge research and development projects.
Rhea-AI Summary
Onto Innovation Inc. (NYSE: ONTO) and 4D Technology win FANUC America's 2024 Innovative System of the Year award for the 4Di InSpec automated metrology system. The system enhances quality and reduces rework for aerospace components, improving aviation safety standards. It offers automated surface defect and feature metrology using patented technology, providing micrometer-level resolution. The system was delivered to leading aerospace engine manufacturers in 2023, demonstrating the potential to reduce scrap and rework by up to 40%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
-
Rhea-AI Summary
Onto Innovation Inc. reported fourth quarter revenue of $219 million, exceeding the high end of the guidance range. The company also achieved record quarterly cash from operations and set a new record of $503 million full-year revenue from specialty and advanced packaging markets. The company's full year GAAP diluted earnings per share was $2.46, and non-GAAP diluted earnings per share was $3.73. Onto Innovation provided first quarter 2024 revenue guidance in the range of $215 to $230 million, with GAAP diluted earnings per share expected to be in the range of $0.74 to $0.94, and non-GAAP diluted earnings per share expected to be in the range of $1.00 to $1.20.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.26%
Tags
-
Rhea-AI Summary
Onto Innovation Inc. (NYSE: ONTO) has announced the launch of the Firefly G3 inspection and metrology system for automated process control during high volume production of panel-level substrates. The system aims to support next generations of glass and copper clad laminate (CCL) with unique inspection and metrology capabilities. The market for high performance compute servers supporting applications in AI is expected to grow over 25% CAGR through 2028, contributing to the demand for panel-level technologies. The Firefly G3 system, combined with Onto's Clearfind technology and TrueADC software, aims to replace multiple tools and operators used for defect review and classification, enabling customers to improve yields and increase panel substrate throughput.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
Tags
News
Rhea-AI Summary
Onto Innovation Inc. (NYSE: ONTO) will release its 2023 fourth quarter and full year results on February 8, 2024. The company will host a conference call and audio webcast with CEO Michael P. Plisinski and CFO Mark Slicer. To participate, dial (888) 256-1007 or international: +1 (929) 477-0448 and reference conference ID 7036289. A live webcast will be available on the Company’s website at www.ontoinnovation.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
-
Rhea-AI Summary
Onto Innovation Inc. (NYSE: ONTO) announced CEO Michael Plisinski and CFO Mark Slicer's participation in the 26th Annual Needham Growth Conference on January 17-18, 2024. Plisinski will present at 12:45 p.m. ET on Thursday, January 18. The live webcast and presentation materials will be available on the company's website. Onto Innovation will also be accessible for one-on-one meetings during the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
-
Rhea-AI Summary
Onto Innovation Inc. (NYSE: ONTO) announced Q3 2023 financial results, with revenue of $207 million, GAAP gross margin of 52%, and GAAP net income of $36 million. Specialty and advanced packaging grew 19%, setting a new quarterly record of $135 million. Dragonfly® G3 shipments to support AI packaging increased over 50% above the prior quarter. The company is optimistic for the continuation of this trend into 2024 based on recent Gartner data forecasting AI processor unit growth to more than double in 2024 followed by another 85% growth in 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.14%
Tags
Rhea-AI Summary
Onto Innovation Inc. to release Q3 2023 results on November 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
-
Rhea-AI Summary
Onto Innovation Inc. announces over $100 million in orders for Dragonfly G3 inspection system, reflecting increased customer demand in the AI device market. Additional orders expected in 2024 to support the growing AI GPU market. The market is estimated to grow at an annual average rate of 40% over the next four years. The Dragonfly G3 system offers versatile inspection and metrology capabilities, including Clearfind technology for detecting non-visual organic residue and sub-micron defect detection. The system is tightly integrated with leading automated defect classification software.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.65%
Tags
-
Rhea-AI Summary
Onto Innovation Inc. (NYSE: ONTO) announced that its CEO and CFO will participate in upcoming investor events, including Needham's Virtual Semiconductor 1x1 Conference, Jefferies' Semiconductor, IT Hardware & Communications Technology Summit, and Benchmark's Tech/Media/Telecom (TMT) One-on-One Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
Rhea-AI Summary
Onto Innovation Inc. reports Q2 2023 financial results with $191 million in revenue and positive growth in inspection and power semiconductor sectors. The company expects revenue of $205 to $225 million for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
Tags
FAQ
What is the current stock price of Onto Innovation (ONTO)?
The current stock price of Onto Innovation (ONTO) is $191.81 as of January 29, 2025.
What is the market cap of Onto Innovation (ONTO)?
The market cap of Onto Innovation (ONTO) is approximately 9.2B.
What does Onto Innovation Inc. specialize in?
Onto Innovation Inc. specializes in process control technologies for the semiconductor industry, including metrology, defect inspection, lithography, and data analysis systems.
Where is Onto Innovation Inc. headquartered?
Onto Innovation Inc. is headquartered in Wilmington, Massachusetts.
On which stock exchange is Onto Innovation Inc. listed?
Onto Innovation Inc. is listed on the New York Stock Exchange under the symbol ONTO.
What regions does Onto Innovation Inc. operate in?
Onto Innovation Inc. operates primarily in the United States, Southeast Asia, China, Japan, and Europe, with significant revenue from Taiwan and South Korea.
What are some key technologies offered by Onto Innovation Inc.?
Key technologies offered include un-patterned wafer quality assessment, 3D metrology, macro defect inspection, metal interconnect composition, factory analytics, and advanced lithography.
What is the main goal of Onto Innovation Inc. for its customers?
The main goal is to optimize the critical path of progress for customers, making their operations smarter, faster, and more efficient.
How does Onto Innovation Inc. support its customers?
Onto Innovation Inc. supports its customers through a worldwide sales and service organization.
What recent achievements has Onto Innovation Inc. made?
Recent achievements include advancements in 3D metrology and significant improvements in defect inspection technologies.
Is Onto Innovation Inc. involved in any current projects?
Yes, Onto Innovation Inc. is focused on expanding its technological capabilities and strengthening its market position through strategic partnerships and cutting-edge R&D projects.
What is the company's role in the semiconductor industry?
Onto Innovation plays a significant role in the semiconductor industry by providing technologies that help manufacturers solve yield, performance, quality, and reliability issues.
Onto Innovation Inc.
NYSE:ONTO
ONTO Rankings
ONTO Stock Data
9.22B
49.11M
0.61%
98.15%
2.42%
Semiconductor Equipment & Materials
Measuring & Controlling Devices, Nec
United States of America
WILMINGTON