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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Foundations are being poured for chip foundries in America, Asia, and Europe, with tens of billions in government and industry commitments.
Onto Innovation's (ONTO) performance benefits from strong demand for its Dragonfly inspection system.
Onto Innovation's (ONTO) Q1 top-line performance gains from continued momentum for the Dragonfly inspection system.
Onto Innovation (ONTO) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.92 per share a year ago.
ONTO Innovation's (ONTO) first-quarter performance is expected to have benefited from its Dragonfly inspection system.
Onto Innovation's (ONTO) modern sub-surface inspection capability for the Dragonfly G3 sub-micron 2D/3D inspection and metrology platform aids in whole wafer inspection for detecting critical defects.
Onto Innovation (ONTO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2024 first quarter results shortly after the market closes on May 9, 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 the call. The call will take place: Thursday, May 9, 2024, at 4:30 p.m. (ET) To participate in the call, please dial (8.
Onto Innovation's (ONTO) Q4 top-line performance is affected by the decline in advanced nodes business, partly offset by better-than-anticipated demand for the Dragonfly inspection system.