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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 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.
Onto Innovation Inc. (NYSE: ONTO) has appointed May Su to its board of directors. With over 35 years in the semiconductor capital equipment industry, Ms. Su brings extensive experience from companies like Lam Research and KLA. Her previous roles include vice president of strategic marketing at Brooks Automation and CEO of Kateeva. Her international perspective and strong business development track record are expected to aid Onto Innovation's growth strategy. The company anticipates a strong growth outlook as it continues to supply process control solutions to the semiconductor industry.
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