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September was tough, as many top stocks suffered. The trend is nothing new, as September is historically one of the worst months for the stock market.
In 2022, Onto made $1 billion in revenue from metrology equipment needed for leading-edge and advanced packaging.
Onto Innovation (ONTO) recently announces that it finalizes over $100 million in orders for Dragonfly G3 inspection system. The deliveries are scheduled through the first quarter of 2024.
Onto Innovation's business is starting to heat up in the back half of the year. This could be a key equipment supplier to the semiconductor industry in the coming years.
Onto Innovation's (ONTO) second-quarter top line performance is affected by delayed shipments of three lithography system.
Onto Innovation Inc. (NYSE:ONTO ) Q2 2023 Results Earnings Conference Call August 10, 2023 2:30 AM ET Company Participants Mike Sheaffer - Senior Director Investor Relations, Corporate Communications and Market Research Michael Plisinski - Chief Executive Officer Mark Slicer - Chief Financial Officer Conference Call Participants Charles Shi - Needham & Company Craig Ellis - B. Riley & Co. Brian Chin - Stifel Financial David Duley - Steelhead Securities Vedvati Shrotre - Jefferies LLC Mark Miller - Benchmark Company LLC Operator Good day and welcome to the Onto Innovation First Quarter Earnings Release Conference Call.
Onto Innovation (ONTO) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.28 per share a year ago.
Onto Innovation's (ONTO) Q2 performance is likely to have been affected by the weak memory market.
Onto Innovation (ONTO) notes that Atlas S and Element S systems have already witnessed bookings worth $26 million.
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2023 second quarter results shortly after the market closes on August 10, 2023. 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, August 10, 2023, at 4:30 p.m. (ET) To participate in the call, pleas.