Onto Innovation Inc. Stock News

Onto Innovation has seen sequential revenue growth this year, but the performance still lags compared to 2022. Shares have tripled in the meantime, driven by AI-excitement, but have come down since the summer. Sequential growth, interesting M&A action and a pullback increase appeal, but do not make shares necessarily appealing yet.

Onto Innovation Inc. (NYSE:ONTO ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Sidney Ho - Investor Relations Michael Plisinski - Chief Executive Officer Mark Slicer - Chief Financial Officer Conference Call Participants Brian Chin - Stifel Vedvati Shrotre - Evercore ISI Edward Yang - Oppenheimer Charles Shi - Needham Mark Miller - The Benchmark Company Davi...

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2024 third quarter results shortly after the market closes on October 31, 2024. Onto Innovation will host a conference call and audio webcast in connection with its release of the financial results. Michael P. Plisinski, chief executive officer, and Mark Slicer, chief financial officer, will host th...

Shares of Onto Innovation Inc (ONTO, Financial) surged 4.38% in mid-day trading on Oct 2. The stock reached an intraday high of $209.42, before settling at $209.35, up from its previous close of $200.57.

With demand for the use of artificial intelligence expected to continue to surge, Oppenheimer analyst Edward Yang recommended investors buy the stocks of a couple companies that make things needed to support that demand.

Onto Innovation is benefiting from the AI semiconductor boom, with high demand for high-bandwidth memory and advanced packaging products. Strong growth is expected in 2024 and 2025, with minimal China revenue compared to competitors, leading to continued share gains. Q2 results show continued sales improvement, with new business signed into 2025 and margins expected to improve, despite concerns...

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that its senior management team will participate in the following upcoming investor events: Needham 5th Annual Virtual Semiconductor & SemiCap 1x1 Conference on August 22. Evercore ISI 2024 Semiconductor, IT Hardware & Networking Conference at the Omni Ch...

Onto Innovation Inc. (NYSE:ONTO ) Q2 2024 Earnings Call Transcript August 8, 2024 4:30 PM ET Company Participants Sidney Ho - IR Michael Plisinski - CEO Mark Slicer - CFO Conference Call Participants Brian Chin - Stifel Vedvati Shrotre - Evercore David Duley - Steelhead Securities Charles Shi - Needham Mark Miller - The Benchmark Company Blayne Curtis - Jefferies Operator Good day, and welcome ...