Onto Innovation Inc. (ONTO) Q3 2023 Earnings Call Transcript | Seeking Alpha

Onto Innovation Inc. (ONTO) Q3 2023 Earnings Call Transcript | Seeking Alpha

Onto Innovation Inc. (NYSE:ONTO) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM 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

Craig Ellis – B. Riley Securities

Brian Chin – Stifel Financial

Vedvati Shrotre – Jefferies

David Duley – Steelhead Securities

Mark Miller – Benchmark Company

Good day and welcome to the Onto Innovation Third Quarter Earnings Release Conference Call. Today’s conference is being recorded.

At this time, I’d like to turn the conference over to Mike Sheaffer, Investor Relations. Please go ahead.

Mike Sheaffer

Thank you, Rachel and good afternoon, everyone. Onto Innovation issued it’s 2023 third quarter financial results this afternoon shortly after the market closed. If you did not receive a copy of the release, please refer to the company’s website where a copy of the release is posted. Joining us on the call today are Michael Plisinski, Chief Executive Officer; and Mark Slicer, Chief Financial Officer.

I would like to remind you that the statements made by the management on this call will contain forward-looking statements within the meaning of the federal securities laws. Such statements are subject to a range of changes, risks and uncertainties that can cause actual results to vary materially. For more information regarding the risk factors that may impact Onto Innovation’s results, I would encourage you to review our earnings release and our SEC filings. Onto Innovation does not undertake the obligation to update these forward-looking statements in light of new information or future events. Today’s discussion of our financial results will be presented on a non-GAAP financial basis, unless otherwise specified. As a reminder, a detailed reconciliation between GAAP and non-GAAP results can be found on today’s earnings release.