Onto Innovation Announces Multiple Orders for 2D Inspection Systems to Support 5G Ramp
Onto Innovation Inc. (ONTO)
Last onto innovation inc. earnings: 2/6 04:05 pm
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Source: Business Wire
Orders for 15 systems from two leading providers of advanced packages to be delivered in the first quarter of 2020 WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) announced today that it has received orders totaling 15 systems from two leaders in advanced packaging. Both customers are ramping up to support the ongoing demand for 5G smartphones which drives advanced packages requiring more precise process control solutions. Onto Innovation’s 2D inspection systems with integrated machine learning software will be used to help ensure quality and reliability of these leading-edge products.“5G brings unique packaging complexity to the forefront with the requirement for higher data transfer rates driving higher IO, resulting in higher interconnect density,” said Tim Kryman, Onto Innovation’s senior director of inspection product marketing. “Our assembly customers are responding to these demands with advanced packaging technology that enables higher density packages.
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News
- Onto Innovation Inc. (NYSE:ONTO) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
- Onto Innovation Inc. (NYSE: ONTO) had its price target lowered by analysts at Jefferies Financial Group Inc. from $265.00 to $245.00. They now have a "buy" rating on the stock.MarketBeat
- Onto Innovation Inc. (NYSE: ONTO) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $230.00 price target on the stock.MarketBeat
- Onto Innovation Inc. (NYSE: ONTO) had its price target raised by analysts at Oppenheimer Holdings Inc. from $260.00 to $275.00. They now have an "outperform" rating on the stock.MarketBeat
- Onto Innovation Inc. (NYSE: ONTO) had its price target lowered by analysts at Needham & Company LLC from $245.00 to $230.00. They now have a "buy" rating on the stock.MarketBeat
ONTO
Earnings
- 10/31/24 - Beat
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Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/28/24 - Form 4
- ONTO's page on the SEC website