Company:  ONTO INNOVATION INC. (ONTO)
Form Type:  10-Q
Filing Date:  11/7/2019 
CIK:  0000704532 
Address:  16 JONSPIN ROAD 
City, State, Zip:  WILMINGTON, Massachusetts 01887 
Telephone:  408-545-6000 
Fiscal Year:  12/28 
Last Trade
Last Trade: 
$35.02  
Change: 
-0.08 (-0.23%)  
Trade Time: 
04:10 PM EST  
Market Cap: 
$1.70B
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Description of Business
Onto Innovation is the new entity resulting from the completion on October 25, 2019 of the Merger between Nanometrics and Rudolph, two long-time leaders in the semiconductor equipment industry that began operations in 1975 and 1940, respectively. Onto Innovation has been publicly traded since October 2019 (NYSE: ONTO). Onto Innovation is a worldwide leader in the design, development, manufacture and support of process control tools that perform macro defect inspections and metrology, lithography systems, and process control analytical software used by semiconductor wafer and advanced packaging device manufacturers. Our products are also used in a number of other high technology industries including: silicon wafer substrates; light emitting diode ("LED"); vertical-cavity surface-emitting laser ("VCSEL"); micro-electromechanical system ("MEMS"); CMOS image sensor ("CIS"); power device; RF filter; data storage; and certain industrial and scientific applications.
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  FORM 10-Q
    PART I - FINANCIAL INFORMATION
      ITEM 1. FINANCIAL STATEMENTS
        BALANCE SHEET
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        STOCKHOLDERS EQUITY
        CASH FLOW
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
          Note 16. Subsequent Event
      ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL ...
      ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT ...
      ITEM 4. CONTROLS AND PROCEDURES
    PART II - OTHER INFORMATION
      ITEM 1 LEGAL PROCEEDINGS
      ITEM 1A. RISK FACTORS
      ITEM 6. EXHIBITS
    SIGNATURES
  EXHIBIT 31.1
  EXHIBIT 31.2
  EXHIBIT 32.1
    CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL ...