Duyuru • May 07
Onto Innovation Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026 Onto Innovation Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the second quarter, the Company expects Revenue of $320 million to $330 million, GAAP operating margin of 17.8% to 18.7%, GAAP diluted earnings per share of $1.09 to $1.18. GAAP Operating Income to be $56.9 million to $61.7 million. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$0.68 (vs US$1.30 in 1Q 2025) First quarter 2026 results: EPS: US$0.68 (down from US$1.30 in 1Q 2025). Revenue: US$291.9m (up 9.5% from 1Q 2025). Net income: US$33.8m (down 47% from 1Q 2025). Profit margin: 12% (down from 24% in 1Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Global Semiconductor industry. Duyuru • Apr 21
Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P approximately $710 million. Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 21, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026.
The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, he absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026.
Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Duyuru • Apr 16
Onto Innovation Inc. to Report Q1, 2026 Results on May 05, 2026 Onto Innovation Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Duyuru • Apr 07
Onto Innovation Inc., Annual General Meeting, May 20, 2026 Onto Innovation Inc., Annual General Meeting, May 20, 2026. Location: 16 jonspin road, wilmington, ma 01887, United States Duyuru • Mar 17
Onto Innovation Inc Announces Dragonfly G5 Inspection System Launch Onto Innovation Inc. announced the launch of the Dragonfly G5 system, a fundamentally new inspection and metrology platform delivering best-in-class throughput and enhanced sensitivity required to detect defects as small as 150nm and designed to be extensible for the next several generations of process technology inflections across front-end and advanced packaging applications. A manufacturer of high bandwidth memory (HBM) completed evaluation and selected Dragonfly G5 for 2D inspection for HBM4 ramp. Commitments for double-digit orders of both Dragonfly G5 and 3Di technology received, with shipments starting in the second quarter of 2026. Dragonfly G5 and 3Di technology strengthen Onto’s position in advanced packaging which is expected to demonstrate greater than 30% growth in 2026. The Dragonfly G5 system delivered significant advantages in both resolution and throughput across several applications critical to HBM4 yield. The successful evaluations resulted in order commitments for double-digit numbers of Dragonfly G5 systems to support the majority of their 2D inspection needs and a similar number of orders for 3Di technology, displacing the previously established tool of record. Shipments of both the Dragonfly G5 systems and 3Di technology are expected to commence in the second quarter. New features of the Dragonfly G5 system include: A new optical system supporting multiple techniques such as brightfield and darkfield, delivering defect sensitivity down to 150nm at throughputs up to five times faster than the previous generation Dragonfly technology. A new and proprietary higher power multi-mode illumination technology offered specifically for applications where current technologies struggle to separate sub-micron critical defects from surface variation in applications such as CMP and hybrid bonding. A portfolio of powerful new machine learning algorithms including flexible die-to-die detection which delivers enhanced detection sensitivity while significantly reducing recipe setup time which is a key advantage for customers with a large number of inspection steps. The new platform will continue to support all additional proprietary sensors such as Clearfind technology, sub-surface defect inspection, and 3D metrology, providing customers the most flexible and powerful solution for a wide range of current and future process control needs. New Risk • Feb 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (14% net profit margin). Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: US$2.78 (vs US$4.09 in FY 2024) Full year 2025 results: EPS: US$2.78 (down from US$4.09 in FY 2024). Revenue: US$1.01b (up 1.8% from FY 2024). Net income: US$136.8m (down 32% from FY 2024). Profit margin: 14% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Global Semiconductor industry. Duyuru • Feb 20
Onto Innovation Inc. Provides Earnings Guidance for the First Fiscal Quarter Ending March 31, 2026 Onto Innovation Inc. provided earnings guidance for the first fiscal quarter ending March 31, 2026. For the first fiscal quarter ending March 31, 2026, the Company expects revenue of $275 million to $285 million, GAAP operating margin of 14.2% to 15.6% and GAAP diluted earnings per share of $0.74 to $0.84. Duyuru • Jan 29
Onto Innovation Inc. to Report Q4, 2025 Results on Feb 19, 2026 Onto Innovation Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to Mex$3,841, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 27x in the Semiconductor industry globally. Total loss to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,392 per share. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Mex$2,887, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 24x in the Semiconductor industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,411 per share. Duyuru • Nov 07
Onto Innovation Inc. Provides Earnings Guidance for the Fourth Fiscal Quarter Ending January 3, 2026 Onto Innovation Inc. provided earnings guidance for the fourth fiscal quarter ending January 3, 2026. For the quarter, the company expects revenue of $250 million to $265 million and GAAP diluted earnings per share of $0.85 to $1.00. U.S. GAAP Operating income of $39.8 million - $48.3 million. Duyuru • Oct 22
Onto Innovation Inc. to Report Q3, 2025 Results on Nov 06, 2025 Onto Innovation Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Mex$2,395, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 27x in the Semiconductor industry globally. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,300 per share. Duyuru • Sep 19
Onto Innovation Inc. to Showcase Next-Generation Metrology and Inspection Technologies Onto Innovation Inc. announced it will be exhibiting at SEMICON West on October 7-9, 2025. Onto Innovation invites customers to booth 1229 in Hall 5, North Building, lower level, to learn about the Company's latest portfolio of integrated process and process control solutions supporting the rapid evolution of AI device manufacturing and other markets. Onto will feature next-generation metrology and inspection technologies, including optical metrology for critical films and unique 3D metrology and inspection capabilities designed to meet the demands of next generation bump technologies for advanced packaging. Onto will showcase metrology solutions for advanced node logic (CPU/GPU) and high-performance memory (HBM, DRAM and NAND) applications, along with technologies enabling specialty device production for GaN and SiC, which are powering innovations in the automotive market and electric vehicles. Onto's product experts will be at the booth to answer specific applications questions. Duyuru • Sep 11
Onto Innovation Launches Next Generation Ocd Metrology Platform to Enable Process Control for Advanced Ai Devices Onto Innovation Inc. introduced the Atlas®? G6 optical critical dimension (OCD) metrology system, designed to address the growing complexity of process control in advanced semiconductor nodes. As the industry transitions to second generation gate-all-around (GAA) logic and future vertical gate DRAM architectures to support AI applications, manufacturers face tighter structural dimensions, shrinking by up to 30% per generation. These smaller geometries demand greater precision in controlling individual nanowire measurements in GAA and smaller DRAM cell block sizes for high bandwidth memory (HBM). The Atlas G6 system introduces advanced optical technologies that deliver measurement accuracy and the small spot size needed to support these evolving requirements, enabling robust process control for next generation devices. The Atlas G6 system has already secured multiple production orders from leading logic and memory manufacturers. The Atlas G6 system delivers enhanced signal sensitivity, smaller spot size, and advanced precision for process control in next generation gate-all- around (GAA) logic and high bandwidth memory (HBM) device production. Designed to meet the stringent requirements of AI-driven semiconductor architectures, the Atlas G6 system enables accurate nanowire and DRAM cell block measurements, helping to improve yield, reliability, and performance. The Atlas G6 system deliver enhanced signal to noise performance even with significantly smaller spot sizes, enabling new and critical metrology capabilities for GAA and HBM technologies. For GAA devices, precise control of each individual nanowire is critical to ensure electrical performance required to meet higher transistor speeds and lower power consumption targets of next generation devices. The AtlasG6 system addresses this challenge with enhanced real-time stabilization technologies that improve measurement precision and accuracy. For HBM, smaller DRAM cell block sizes boost bandwidth efficiency, reduce power consumption, and improve latency. The Atlas G6 system's smaller spot size allows for direct on-device measurements in DRAM cell blocks, enabling tighter process windows and ultimately helping to improve yield and long-term reliability. Also, the system introduces an additional data channel, which when combined with Onto's proprietary Ai Diffract™? OCD analysis software and model-guided machine learning algorithms, strengthens recipe robustness and shortens time to solution. Duyuru • Aug 08
Onto Innovation Inc. Announces Earnings Outlook for the Third Fiscal Quarter Ending September 27, 2025 Onto Innovation Inc. announced earnings outlook for the third fiscal quarter ending September 27, 2025. For the period, the Company expects Revenue of $210 million to $225 million. GAAP diluted earnings per share of $0.52 to $0.72. Duyuru • Jul 21
Onto Innovation Inc. to Report Q2, 2025 Results on Aug 07, 2025 Onto Innovation Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Duyuru • Jul 13
Onto Innovation Inc. Announces Separation of Mark Slicer as Principal Accounting Officer, Effective July 16, 2025 Onto Innovation Inc. and Mr. Mark Slicer, the Company's Chief Financial Officer, agreed to mutually terminate Mr. Slicer's employment with the Company, effective immediately on June 12, 2025. Mr. Slicer served as the principal financial officer and principal accounting officer of the Company. The separation was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices. On July 9, 2025, the Company and Mr. Slicer entered into a separation agreement, effective as of July 16, 2025, in connection with Mr. Slicer's separation from service with the Company. Duyuru • Jul 01
Onto Innovation Inc. (NYSE:ONTO) entered into an equity purchase agreement to acquire Semilab USA LLC from SEMILAB International Zrt. for approximately $540 million. Onto Innovation Inc. (NYSE:ONTO) entered into an equity purchase agreement to acquire Semilab USA LLC from SEMILAB International Zrt. for approximately $540 million on June 27, 2025. A cash consideration of $475 million and a stock consideration of 706,215 shares of Onto Innovation common stock will be paid by Onto Innovation Inc. As part of consideration, $544.8 million is paid towards common equity of Semilab USA LLC. The purchase price is subject to certain customary purchase price adjustments.
The transaction is subject to U.S. and Hungarian regulatory approvals, completion of Pre-Closing Reorganization of seller parties, the shares of Buyer Common Stock constituting the Stock Consideration shall have been approved for listing on the New York Stock Exchange and subject to antitrust regulations. The expected completion of the transaction is in the second half of 2025. The transaction is expected to be immediately accretive to both gross and operating margins and to increase non-GAAP earnings per share by more than 10% in the first year following closing.
Joseph Conahan, Andrew Alin, Ron Ben-Yehuda, Sophie Staples, Larry Moss, Ashlie Lawton, Sara Razi, Jon Ozner, Krista McManus, Carleigh Rodriguez and Deepa Sarkar of Simpson Thacher & Bartlett LLP acted as legal advisor for Onto Innovation Inc. Reid Haney and Eric Hall of Hill Ward & Henderson acted as legal advisor for SEMILAB International Zrt and Semilab USA. Barclays Capital Inc. acted as financial advisor for Onto Innovation Inc. Rule Garza Howley LLP, Arnell Golden Gregory LLP, and Fish & Richardson P.C. also acted as legal advisor to Semilab USA. Needham & Company, LLC acted as financial advisor for Semilab USA LLC and SEMILAB International Zrt. Duyuru • May 09
Onto Innovation Inc. Provides Earnings Guidance for Second Quarter of Fiscal Year 2025 Onto Innovation Inc. provided earnings guidance for second quarter of fiscal year 2025. For the second fiscal quarter ending June 28, 2025, the Company provided the following guidance: Revenue is expected to be in the range of $240 million to $260 million. GAAP diluted earnings per share is expected to be in the range of $0.99 to $1.13. Reported Earnings • Feb 08
Full year 2024 earnings released: EPS: US$4.09 (vs US$2.47 in FY 2023) Full year 2024 results: EPS: US$4.09 (up from US$2.47 in FY 2023). Revenue: US$987.3m (up 21% from FY 2023). Net income: US$201.7m (up 67% from FY 2023). Profit margin: 20% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Semiconductor industry. Duyuru • Feb 07
Onto Innovation Inc. Provides Earnings Guidance for First Fiscal Quarter Ending March 29, 2025 Onto Innovation Inc. provided earnings guidance for first fiscal quarter ending March 29, 2025. For the quarter, Revenue is expected to be in the range of $260 million to $274 million. GAAP diluted earnings per share is expected to be in the range of $1.14 to $1.28. Duyuru • Jan 17
Onto Innovation Inc. to Report Q4, 2024 Results on Feb 06, 2025 Onto Innovation Inc. announced that they will report Q4, 2024 results After-Market on Feb 06, 2025 Duyuru • Jan 15
Onto Innovation Inc. Advances Process Control Suite for 3D Interconnect Yields Onto Innovation Inc. announced advances in its product suite for 3D interconnect process control, featuring the new 3Di technology on the Dragonfly G3 system for bump process control in high bandwidth memory (HBM) and advanced logic applications. Additionally, the EchoScan system is introduced for detecting voids as small as 1um in wafer bonding applications, such as advanced hybrid bonding for Cu-Cu interconnects. Initial orders for the 3Di technology include a top HBM manufacturer, a tier one OSAT and a leading manufacturer of bump process equipment. The first EchoScan system will ship in the first quarter, with additional tools planned to ship to customers throughout 2025. Advanced packages with 2.5D and 3D integration schemes are projected to grow at a rate of 19% from 2024 through28, according to TechInsights. Interconnect bump heights in high volume manufacturing (HVM) are decreasing from 12um to 8um, and potentially to 4um. As bump sizes decrease, metrology and inspection become increasingly critical to ensuring high yields. Interconnect density intensifies with the adoption of hybrid bonding for bond pad interconnects, with planar bump heights and the challenge of inline micro void detection at the Cu-Cu bond pad interface. Undetected voids can lead to wafer cracking and open electrical connections, resulting in yield loss. Current technologies are limited to 10um void size sensitivity and require water immersion, which adds the risk of bonded wafer contamination, delamination and lack of void traceability for inline process control. Duyuru • Nov 02
Onto Innovation Inc. Provides Earnings Guidance for the Fourth Fiscal Quarter Ending December 28, 2024 Onto Innovation Inc. provided earnings guidance for the fourth fiscal quarter ending December 28, 2024. For the quarter, Revenue is expected to be in the range of $253 million to $267 million. GAAP diluted earnings per share is expected to be in the range of $1.04 to $1.19. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.07 (vs US$0.73 in 3Q 2023) Third quarter 2024 results: EPS: US$1.07 (up from US$0.73 in 3Q 2023). Revenue: US$252.2m (up 22% from 3Q 2023). Net income: US$53.1m (up 48% from 3Q 2023). Profit margin: 21% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Global Semiconductor industry. Duyuru • Nov 01
Onto Innovation Inc. (NYSE:ONTO) acquired Lumina Instruments, Inc. Onto Innovation Inc. (NYSE:ONTO) acquired Lumina Instruments, Inc. on October 31, 2024. In a related transaction, Onto Innovation acquired the lithography business from Kulicke and Soffa Industries, Inc. Combined, the acquisitions are expected to generate up to $100 million in annual revenue in the next three years and be accretive to earnings within 12 months.
Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of Lumina Instruments, Inc. on October 31, 2024. Duyuru • Oct 15
Onto Innovation Inc. to Report Q3, 2024 Results on Oct 31, 2024 Onto Innovation Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 Duyuru • Jul 17
Onto Innovation Inc. Appoints Stephen Schwartz to Its Board of Directors Onto Innovation Inc. announced Dr. Stephen Schwartz has joined its board of directors. With over 25 years of leadership experience in high technology companies, Dr. Stephen Schwartz brings a strong background in technical leadership to Onto Innovation’s board of directors. He currently serves as president and chief executive officer of Azenta Inc., formerly Brooks Automation Inc., since October 2010. Brooks Automation was a leading provider of manufacturing automation solutions for the semiconductor industry and life sciences. In February 2022, under Dr. Schwartz’s leadership, Brooks Automation separated its business into two different companies, Azenta, which operates in the life sciences market, and Brooks Automation, which operates in the semiconductor industry. In May 2024, he announced his plans to retire from Azenta upon the appointment of his successor. Prior to Brooks Automation, Dr. Schwartz joined Asyst Technologies Inc., in 2001 and served as the president, chief executive officer and chairman from 2002 until 2009. Prior to joining Asyst, Dr. Schwartz served as the president of Consilium Inc., an Applied Materials Inc. company from 1999 to 2001. Dr. Schwartz began his career at Applied Materials. Dr. Schwartz received his B.S., M.S. and Ph.D. in Electrical Engineering from Purdue University and M.B.A. from the University of Chicago. Duyuru • Jul 13
Onto Innovation Inc. to Report Q2, 2024 Results on Aug 08, 2024 Onto Innovation Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Duyuru • Jul 09
Onto Innovation Further Strengthens Company’s Panel Portfolio with New Glass Suite Onto Innovation Inc. announced Onto Innovation’s glass substrate suite featuring the JetStep® X500 panel-level packaging lithography system with hybrid substrate handling capabilities and the Firefly® G3 sub-micron automatic metrology and inspection system for panel-level packaging and advanced IC substrates (AICS). The JetStep X500 and Firefly G3 systems offer customers a complete panel-level packaging solution supporting heterogeneous integration (HI) chiplet packages for AI, high performance compute and cloud computing. The AICS market is expected to increase at a compound annual growth rate of 10% from 2023 to 2028, according to Prismark. The AICS HI roadmap is rapidly approaching several new demarcation points, including the challenges for organic substrate redistribution layers (RDLs) using copper clad laminate (CCL) below 3µm. These challenges are prompting manufacturers to adopt more stable substrates such as glass. The necessity for manufacturers to handle both large glass core panels as well as the existing mature CCL based organic substrates opens new market opportunities for lithography tools capable of handling both substrate types. In addition to evolving lithographic requirements, the production of glass substrates generates several significant process control challenges attributed to cracks and chips and as a result of handling, through glass via (TGV) formation and the Cu plating process. Customers require 3D metrology solutions focused on TGVs, such as the need to measure via-to-via distance and via diameter for top, waist and bottom. Using a combination of different illumination techniques, including Onto’s patented Clearfield® technology, the Firefly G3 system has emerged as a successful inspection tool for organic panels. By applying these same techniques to glass panels, Onto expands upon the Firefly G3 system’s previous success by delivering a uniquely designed inspection solution for bare and patterned glass substrates. Capable of identifying cracks and chips, the Firefly G3 system also can perform TGV metrology for vias, including finding the X and Y displacements of TGVs from their nominal positions in a matter of minutes. The system also can inspect for defects like dimples, which are formed during etching. Using the Firefly G3 system and its unique 3D metrology sensors for dielectric thickness measurements, customers are enabled to achieve proper copper plating height uniformity for RDLs. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to Mex$3,826, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 23x in the Semiconductor industry globally. Reported Earnings • May 14
First quarter 2024 earnings released: EPS: US$0.95 (vs US$0.60 in 1Q 2023) First quarter 2024 results: EPS: US$0.95 (up from US$0.60 in 1Q 2023). Revenue: US$228.8m (up 15% from 1Q 2023). Net income: US$46.9m (up 61% from 1Q 2023). Profit margin: 21% (up from 15% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Semiconductor industry. Duyuru • May 11
Onto Innovation Inc. Provides Earnings Guidance for the Second Quarter Ending June 29, 2024 Onto Innovation Inc. provided earnings guidance for the second quarter ending June 29, 2024, the Company is providing the following guidance: Revenue is expected to be in the range of $230 to $240 million. GAAP diluted earnings per share is expected to be in the range of $0.88 to $1.00. Duyuru • Apr 23
Onto Innovation Inc. Debuts Sub-Surface Defect Inspection for Advanced Packaging Onto Innovation Inc. announced the release of a new sub-surface inspection capability for the Dragonfly G3 sub-micron 2D/3D inspection and metrology platform. The new capability enables whole wafer inspection for critical yield impacting defects that can lead to lost die as well as entire wafers breaking in subsequent process steps. Such defects were previously impossible to find in a production environment. In today’s world of wafer thinning and multi-layer wafer or die bonding, sub-surface defects are far more dangerous than ever before as bonded layers are now a tenth of their former thickness and far more brittle and therefore more susceptible to damage pre- or post-bonding. Sub-surface defects that occur during the bonding or thinning process such as micro-cracks can cause not only die yield issues, but wafers can be shattered resulting in the loss of hundreds of die in an instant. Now, Onto Innovation is offering the capability to detect these yield killing defects on the well-established Dragonfly platform at production speeds. By using novel infra-red (IR) technology and specially designed algorithms, the Dragonfly platform provides customers a choice to scan the entire wafer for hidden defects rather than be limited to sampling only selected areas of the wafer. This greatly impacts final yield and cost savings through reduced scrapped wafer/die stacks. Duyuru • Apr 10
Onto Innovation Inc. to Report Q1, 2024 Results on May 09, 2024 Onto Innovation Inc. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Duyuru • Apr 06
Onto Innovation Inc., Annual General Meeting, May 22, 2024 Onto Innovation Inc., Annual General Meeting, May 22, 2024, at 08:00 Pacific Standard Time. Location: 1550 Buckeye Drive, Milpitas california United States Agenda: To elect the Board's eight nominees for director to serve until the next Annual Meeting and until their successors are duly elected and qualified; to approve, on an advisory (non-binding) basis, the compensation of our named executive officers as disclosed in this proxy statement; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 28, 2024; and to transact such other business as may properly come before the meeting and any adjournment or postponement thereof. Duyuru • Mar 19
Onto Innovation Inc. Appoints Susan Lynch to its Board of Directors Onto Innovation Inc. announced Susan Lynch has joined its board of directors. With over 30 years of leadership experience in high technology companies, Susan Lynch brings a strong background in financial leadership to Onto Innovation’s board of directors. She recently served as senior vice president and chief financial officer of V2X (formerly Vectrus Inc.). Prior to V2X, Susan was executive vice president and chief financial officer of Sungard Availability Services, executive vice president and chief financial officer of Hitachi Vantara (formerly Hitachi Data Systems), vice president and chief financial officer of Raytheon Technical Services and assistant corporate controller of Honeywell International. Ms. Lynch has also served on the board of directors of Allegro MicroSystems since 2021. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$2.47 (vs US$4.52 in FY 2022) Full year 2023 results: EPS: US$2.47 (down from US$4.52 in FY 2022). Revenue: US$815.9m (down 19% from FY 2022). Net income: US$121.2m (down 46% from FY 2022). Profit margin: 15% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Global Semiconductor industry. New Risk • Feb 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 22% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Profit margins are more than 30% lower than last year (15% net profit margin). Significant insider selling over the past 3 months (Mex$8.2m sold). Duyuru • Feb 09
Onto Innovation Inc. Provides Earnings Guidance for the First Quarter Ending March 30, 2024 Onto Innovation Inc. provided earnings guidance for the first quarter ending March 30, 2024. For the quarter, the company expects revenue to be in the range of $215 million to $230 million and GAAP diluted earnings per share is expected to be in the range of $0.74 to $0.94. Duyuru • Jan 16
Onto Innovation Inc. Announces Launch of the New Firefly G3 Inspection and Metrology System for Automated Process Control During High Volume Production of Panel-Level Subsidates Onto Innovation Inc. announced the launch of the new Firefly G3 inspection and metrology system for automated process control during high volume production of panel-level substrates. The Firefly G3 system was shipped to a tier one customer supporting a variety of AI chiplet based panel-level packages with several additional customers expected to take delivery in the first half of 2024. The Firefly G3 system's inspection and metrology capabilities uniquely complement Onto's JetStep family of panel-level lithography systems, using proprietary feed-forward and feedback software, providing high-resolution data to optimize layer-over-layer overlay accuracy throughout all layers on each side of the panel being processed, a unique capability in improving current panel performance and yield. This next-generation Firefly system goes beyond 2D inspection and metrology by supporting additional process control steps through the introduction of 3D metrology sensors. With the new-generation 3D sensors, the system can measure film thicknesses and the height of metal RDL lines. The addition of these sensors allows customers to collect critical data required to mature their process in a shorter amount of time. Duyuru • Nov 12
Onto Innovation Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 30, 2023 Onto Innovation Inc. provided earnings guidance For the fourth quarter ending December 30, 2023. The company expects Revenue to be in the range of $200 million to $216 million. GAAP diluted earnings per share is expected to be in the range of $0.58 to $0.78. 
