Onto Innovation Inc.
137.08+6.39 (+4.89%)
Oct 29, 4:00:02 PM EDT · NYSE · ONTO · USD
Key Stats
Market Cap
6.72BP/E (TTM)
33.93Basic EPS (TTM)
4.04Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Onto Innovation's Q2 FY2025 results, ended June 28, 2025, show revenue growth, though specific figures await detailed statements. The filing confirms compliance with SEC reporting under the Securities Exchange Act of 1934. Balance sheet and cash flow details highlight steady operations. No material M&A or regulatory events disclosed. Liquidity remains solid with no debt covenants noted. Shares outstanding hit 49 million by July 15. Competition in semiconductor metrology poses ongoing challenges.
8-K
Q2 beat, Semilab buy announced
Onto Innovation reported Q2 2025 revenue of $253.6 million, up 5% year-over-year, with non-GAAP EPS of $1.25 amid strong Dragonfly system shipments for AI packaging. The company announced a $545 million acquisition of Semilab product lines, expected to add over $130 million in annual revenue and boost EPS immediately. Q3 guidance signals a revenue dip to $210-225 million, but Q4 should rebound with AI spend acceleration. Integration risks loom for the deal.
8-K
Onto acquires Semilab USA
Onto Innovation agreed to acquire Semilab USA's materials analysis business for $475 million in cash and 706,215 shares of common stock, totaling about $545 million based on June 27, 2025 closing price. The deal adds inline wafer contamination monitoring and materials characterization for advanced nodes, packaging, and compound semiconductors, projecting $130 million in 2025 revenue with 20% CAGR since 2021. It bolsters Onto's process control portfolio amid rising exotic materials demand. Expect immediate margin accretion and over 10% non-GAAP EPS boost in year one, yet regulatory approvals pose closure risks.
8-K
Onto names new CFO
Onto Innovation appointed Brian Roberts as CFO effective June 16, 2025, bringing his extensive public company finance experience from Sensata Technologies and Insulet. The deal includes a $525,000 base salary, 80% target bonus, $250,000 signing bonus with clawback, and $2.2 million in RSUs vesting over three years. This leadership shift bolsters financial oversight amid semiconductor market demands, yet ties Roberts to a 12-month non-compete.
8-K
CFO Slicer exits abruptly
Onto Innovation mutually terminated CFO Mark Slicer's employment on June 12, 2025, effective immediately, with no disagreements on operations, policies, or practices. Slicer had served as the principal financial and accounting officer. The filing discloses no interim arrangements or succession plans. This abrupt change raises questions about leadership stability.
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