Onto Innovation

Onto Innovation Announces Investor Relations Transition Plan

Retrieved on: 
Thursday, April 4, 2024

Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Sheaffer plans to retire from the Company in July this year.

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Sheaffer plans to retire from the Company in July this year.
  • A successor search has now been successfully completed with Sidney Ho joining Onto Innovation as vice president of investor relations.
  • Mr. Sheaffer will remain fully engaged in the investor relations role and will be the primary investor contact point until Mr. Ho assumes that responsibility during the Company’s investor meetings at SEMICON® West in July 2024.
  • Mr. Sheaffer, 74, joined Rudolph Technologies in 2017 as senior director of investor relations and continued that role for Onto Innovation following the merger of Rudolph Technologies and Nanometrics.

Onto Innovation Welcomes Susan Lynch to its Board of Directors

Retrieved on: 
Monday, March 18, 2024

Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or the “Company”) today announced Susan Lynch has joined its board of directors.

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or the “Company”) today 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.
  • Ms. Lynch has also served on the board of directors of Allegro MicroSystems since 2021.
  • “Susan brings significant executive leadership experience to the Onto Innovation board of directors.

Onto Innovation’s 4Di InSpec™ Automated Metrology System Receives 2024 Innovative System of the Year Award from FANUC America

Retrieved on: 
Monday, February 26, 2024

Onto Innovation Inc. (NYSE: ONTO) and its Tucson subsidiary 4D Technology today announced they’ve been named winner of FANUC America’s prestigious 2024 Innovative System of the Year award for the 4Di InSpec automated metrology system (AMS) .

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) and its Tucson subsidiary 4D Technology today announced they’ve been named winner of FANUC America’s prestigious 2024 Innovative System of the Year award for the 4Di InSpec automated metrology system (AMS) .
  • The system enables automated surface defect and feature metrology for aviation, aerospace and other applications in the industrial manufacturing market.
  • In partnership with OptiPro Systems , the 4Di InSpec AMS systems were delivered in the second half of 2023 to several leading aerospace engine manufacturers.
  • View the full release here: https://www.businesswire.com/news/home/20240226293034/en/
    Onto Innovation's 4Di InSpec automated metrology system uses patented, vibration-immune technology to provide automated surface defect and feature metrology for aviation, aerospace and other applications in the industrial manufacturing market.

Onto Innovation Reports 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Thursday, February 8, 2024

Onto Innovation will host a conference call at 4:30 p.m. Eastern Time today, February 8, 2024, to discuss its fourth quarter and full year 2023 financial results and other matters in greater detail.

Key Points: 
  • Onto Innovation will host a conference call at 4:30 p.m. Eastern Time today, February 8, 2024, to discuss its fourth quarter and full year 2023 financial results and other matters in greater detail.
  • There will be a replay of the conference call available for one year on the Company’s website at www.ontoinnovation.com .
  • As the forward-looking statements are based on Onto Innovation’s current expectations, the Company cannot guarantee any related future results, levels of activity, performance or achievements.
  • Onto Innovation does not assume any obligation to update the forward-looking information contained in this press release, except as required by law.

Onto Innovation Reports 2023 Third Quarter Results

Retrieved on: 
Thursday, November 9, 2023

For the fourth fiscal quarter ending December 30, 2023, the Company is providing the following guidance:

Key Points: 
  • For the fourth fiscal quarter ending December 30, 2023, the Company is providing the following guidance:
    Revenue is expected to be in the range of $200 to $216 million.
  • Onto Innovation will host a conference call at 4:30 p.m. Eastern Time today, November 9, 2023, to discuss its third quarter 2023 financial results and other matters in greater detail.
  • As the forward-looking statements are based on Onto Innovation’s current expectations, the Company cannot guarantee any related future results, levels of activity, performance, or achievements.
  • Onto Innovation does not assume any obligation to update the forward-looking information contained in this press release, except as required by law.

SurplusGLOBAL Announces Participation in SEMICON EUROPA 2023 and Expansion into the European Market

Retrieved on: 
Friday, November 10, 2023

SEOUL, South Korea, Nov. 10, 2023 /PRNewswire/ -- SurplusGLOBAL, a leading name in the legacy semiconductor equipment and parts industry, is pleased to announce its participation in SEMICON EUROPA 2023.

Key Points: 
  • SEOUL, South Korea, Nov. 10, 2023 /PRNewswire/ -- SurplusGLOBAL, a leading name in the legacy semiconductor equipment and parts industry, is pleased to announce its participation in SEMICON EUROPA 2023.
  • This event serves as an invaluable platform for SurplusGLOBAL to introduce its trusted hub for used semiconductor equipment and integrated services to the European market.
  • With a prime location at booth number B1264, SurplusGLOBAL is poised to make a significant impact at SEMICON EUROPA 2023.
  • SEMICON EUROPA 2023 will take place from Tuesday, November 14 to Friday, 2023, at MESSE MÜNCHEN, making it a must-attend event for anyone in the semiconductor industry.

Lululemon Athletica & Hubbell Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Retrieved on: 
Friday, October 13, 2023

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the opening of trading on Wednesday, October 18:

Key Points: 
  • NEW YORK, Oct. 13, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the opening of trading on Wednesday, October 18:
    Lululemon Athletica Inc. (NASD:LULU) will replace Activision Blizzard Inc. (NASD:ATVI) in the S&P 500.
  • S&P 500 and S&P 100 constituent Microsoft Corp. (NASD: MSFT) acquired Activision Blizzard in a transaction completed today, October 13.
  • S&P MidCap 400 constituent Hubbell Inc. (NYSE:HUBB) will replace Organon & Co. (NYSE:OGN) in the S&P 500, S&P SmallCap 600 constituent Onto Innovation Inc. (NYSE:ONTO) will replace Hubbell in the S&P MidCap 400, and Organon & Co will replace Onto Innovation in the S&P SmallCap 600.
  • Hubbell is more representative of the large-cap market space, Onto Innovation is more representative of the mid-cap market space, and Organon & Co is more representative of the small-cap market space.

Barclays appoints Pedro Costa as Vice Chairman, Technology, Media, and Telecommunications (TMT) M&A in the Americas

Retrieved on: 
Tuesday, September 5, 2023

Barclays today announces the appointment of Pedro Costa as Vice Chairman, Technology, Media, and Telecommunications (TMT) M&A in the Americas.

Key Points: 
  • Barclays today announces the appointment of Pedro Costa as Vice Chairman, Technology, Media, and Telecommunications (TMT) M&A in the Americas.
  • Mr. Costa will be based in New York and report to Ihsan Essaid and Gary Posternack, Global Co-Heads of M&A.
  • Mr. Costa brings to Barclays close to 20 years of investment banking experience advising companies across the full spectrum of software and digital media sectors.
  • Prior to joining Morgan Stanley, Mr. Costa worked at Bain in New York and McKinsey & Company in Warsaw and Lisbon.

Onto Innovation Announces Over $100 Million in Orders for Systems Supporting Advanced Packaging for AI

Retrieved on: 
Monday, August 28, 2023

This represents an increase from the previously estimated customer demand reflecting the critical role the Dragonfly G3 system plays in support of advanced packaging for the expanding AI device market.

Key Points: 
  • This represents an increase from the previously estimated customer demand reflecting the critical role the Dragonfly G3 system plays in support of advanced packaging for the expanding AI device market.
  • The orders are from leading logic and memory manufacturers for heterogeneous integrated (HI) packages that combine a graphics processor (GPU) and numerous high bandwidth memory (HBM) devices to create an AI GPU in a single package.
  • “The system’s range of high-performance optical capabilities enables it to monitor multiple parameters at high throughput.
  • To learn more about the Dragonfly G3 system, visit Onto Innovation at SEMICON® Taiwan September 6-8 in Booth M0656-4F or send us a message .

Onto Innovation Reports 2023 Second Quarter Results

Retrieved on: 
Thursday, August 10, 2023

For the third fiscal quarter ending September 30, 2023, the Company is providing the following guidance:

Key Points: 
  • For the third fiscal quarter ending September 30, 2023, the Company is providing the following guidance:
    Revenue is expected to be $205 to $225 million.
  • Onto Innovation will host a conference call at 4:30 p.m. Eastern Time today, August 10, 2023, to discuss its second quarter 2023 financial results and other matters in greater detail.
  • As the forward-looking statements are based on Onto Innovation’s current expectations, the Company cannot guarantee any related future results, levels of activity, performance, or achievements.
  • Onto Innovation does not assume any obligation to update the forward-looking information contained in this press release, except as required by law.