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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.
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
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.
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