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05.02.2024 15:56:52 - dpa-AFX: Better-than-expected Results Sends ON Semiconductor Shares Higher
WASHINGTON (dpa-AFX) - Shares of ON Semiconductor Corporation (ON) are
rising more than 10 percent Monday morning after reporting fourth-quarter
results above analysts' view.
Excluding special items, profit was $540.9 million nor $1.25 per share for the
fourth quarter, that beat the average estimate of analysts polled by
Thomson-Reuters of $1.21 per share.
Net profit declined to $562.7 million or $1.28 per share from $604.3 million or
$1.35 per share in the same quarter a year ago.
Revenue for the quarter decreased to $2.018 billion from $2.104 billion, but
beat the Street view of $2 billion.
ON Semiconductor shares, currently at $77.18, has traded in the range of $61.47
- $111.35 in the last 1 year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
rising more than 10 percent Monday morning after reporting fourth-quarter
results above analysts' view.
Excluding special items, profit was $540.9 million nor $1.25 per share for the
fourth quarter, that beat the average estimate of analysts polled by
Thomson-Reuters of $1.21 per share.
Net profit declined to $562.7 million or $1.28 per share from $604.3 million or
$1.35 per share in the same quarter a year ago.
Revenue for the quarter decreased to $2.018 billion from $2.104 billion, but
beat the Street view of $2 billion.
ON Semiconductor shares, currently at $77.18, has traded in the range of $61.47
- $111.35 in the last 1 year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
ON SEMICOND. DL-,01 | 930124 | Frankfurt | 66,040 | 07.05.24 21:49:18 | -0,070 | -0,11% | 0,000 | 0,000 | 64,270 | 66,040 |
