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- Company news: ON Semiconductor (ON) quarterly results beat analysts’ estimates
Ekonomické zprávy
01.05.2023
Company news: ON Semiconductor (ON) quarterly results beat analysts’ estimates
ON Semiconductor (ON) reported Q1 FY2023 earnings of $1.19 per share (versus $1.22 per share in Q1 FY2022), beating analysts’ consensus estimate of $1.08 per share.
The company’s quarterly revenues amounted to $1.960 bln (+0.8% y/y), beating analysts’ consensus estimate of $1.925 bln.
The company also issued upside guidance for Q2 FY2023, seeing EPS of $1.14-1.28 versus analysts’ consensus estimate of $1.06 and revenues of $1.98-2.08 bln versus analysts’ consensus estimate of $1.93 bln.
ON rose to $75.33 (+4.68%) in pre-market trading.
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