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On Semiconductor Corp

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business2 years ago•2 min saved

ON Semiconductor Corp (ON) Surpasses Q3 2023 Earnings Expectations

ON Semiconductor Corp reported Q3 2023 revenue of $2,180.8 million, slightly below Q3 2022's revenue. However, net income attributable to the company significantly increased. The company's Q4 2023 outlook projects revenue between $1,950 to $2,050 million. ON Semiconductor Corp focuses on automotive and industrial end-markets, driving innovations in areas such as vehicle electrification, sustainable energy grids, and 5G infrastructure.

via Yahoo Finance|

#business #net-income #on-semiconductor-corp

business2 years ago•1 min saved

ON Semiconductor Corp. Reports Strong Q3 Earnings

ON Semiconductor Corp. reported third-quarter net income of $582.7 million, or $1.29 per share, exceeding Wall Street expectations. The company's revenue for the period was $2.18 billion, also surpassing Street forecasts. For the current quarter, ON Semiconductor Corp. expects per-share earnings to range from $1.13 to $1.27, with revenue projected to be between $1.95 billion and $2.05 billion.

via Quartz|

#analysts #business #earnings