Onto Innovation (ONTO) Presents At 8th Annual NYC Investor Summit - Slideshow

Company Overview - Onto Innovation's revenue is $534 million[9] - The company has approximately 1350 employees[9] - The company possesses a strong balance sheet with $337 million in cash and no debt[9] - The company's revenue mix is geographically distributed with 66% from Asia, 20% from the US & Europe, and 14% from Domestic China[10, 11] - The company's revenue mix by market includes 44% from Advanced Nodes (Front-end), 37% from Specialty Devices/Advanced Packaging (Back-end), and 19% from Software & Services[12] Growth Strategy - The company aims to achieve $20 million in synergies in 2020[16] - The company is investing $100 million in R&D[16, 22] - The company has authorized an $80 million stock buyback program[40] Market Trends and Opportunities - 5G adoption is driving growth in multiple markets for Onto Innovation[28, 29, 30] - 5G is expected to drive 24% average DRAM bit growth, 34% average NAND bit growth, and 20% average advanced packaging growth from 2019-2022[31] - The company anticipates 200 Billion to 400 Billion Package Growth by 2022[58] Financial Projections - The company projects annual revenue models of $600 million, $700 million, and $800 million[42] - The company anticipates gross margins between 54%-56% and operating profit between 24%-30% across different revenue models[42]