29.04.2024 14:13:56 - dpa-AFX: ROUNDUP: ON Semiconductor Guides Q2 Well Below Estimates

WASHINGTON (dpa-AFX) - While reporting financial results for the first
quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue
guidance for the second quarter of fiscal 2024.

For the second quarter, the company projects earnings in a range of $0.82 to
$0.94 per share and adjusted earnings in a range of $0.86 to $0.98 per share on
revenues between $1.68 billion and $1.78 billion.

On average, analysts polled by Thomson Reuters expect the company to report
earnings of $1.01 per share on revenues of $1.83 billion for the quarter.
Analysts' estimates typically exclude special items.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ON Semiconductor Corp 930124 NASDAQ 72,940 16.05.24 22:00:11 -1,800 -2,41% 73,000 73,010 74,460 74,740

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