Description

Onto Innovation: Opportunities in Advanced Nodes and NAND & Other Major Drivers

Onto Innovation’s Q1 2024 results indicate a solid start to the year, reflecting a robust uptake for high[1]bandwidth memory and logic packaging for AI devices. The net quarter revenue upsurged at the top end of the guidance range, a significant 15% rise from the same period the previous year. Notably, Onto Innovation’s specialty and advanced packaging customers achieved a record growth for the third consecutive quarter, attributing a 64% year on year increase during Q1 2024. However, revenue from power device manufacturers declined during Q1 despite the addition of new customers and expansion of existing ones.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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