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.
Onto Innovation Inc. (NYSE: ONTO) announced the appointment of Stephen D. Kelley to its board of directors. Kelley brings over 30 years of experience in the semiconductor industry, having held significant roles at Advanced Energy Industries, Amkor Technology, Texas Instruments, Philips Semiconductors, and Cree. His expertise covers the entire semiconductor value chain, from manufacturing to advanced packaging. The board anticipates that Kelley's extensive background will provide valuable insights into Onto Innovation's strategy and customer relations.
Onto Innovation Inc. (NYSE: ONTO) will announce its 2022 Q4 and full-year financial results on February 9, 2023, after market close. A conference call will follow at 4:30 p.m. ET, hosted by CEO Michael P. Plisinski and CFO Mark Slicer. To participate, dial (888) 394-8218 or +1 (646) 828-8193 with conference ID 8636569. A live webcast will also be available on the company's website. Onto Innovation specializes in process control technologies in the semiconductor industry.
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.
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