ON Semiconductor (ON) reported third-quarter 2024 non-GAAP earnings of 99 cents per share, which outpaced the Zacks Consensus Estimate by 2.06% but declined 28.8% year over year.Revenues of $1.76 billion beat the Zacks Consensus Estimate by 0.7% but declined 19.2% on a year-over-year basis. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The stock has gained 9% year to date compared with the Zacks Computer & Technology sector’s growth of 48.3%. We believe the raised guidance will help ...

ON Semiconductor Corporation (NASDAQ:ON) Q3 2024 Earnings Conference Call October 28, 2024 9:00 AM ET Company Participants Parag Agarwal - VP, IR and Corporate Development Hassane El-Khoury - President and CEO Thad Trent - CFO Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - Bank of America Securities Toshiya Hari - Goldman Sachs Chris Danely - Citi Blayne Curtis - Jefferies Quinn Bolton - Needham & Company Joshua Buchalter - TD Cowen Christopher Rolland - Susquehanna Vijay Rakesh - Mi ...

ON Semiconductor Corp. (ON) reported $1.76 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 19.2%. EPS of $0.99 for the same period compares to $1.39 a year ago. The reported revenue represents a surprise of +0.70% over the Zacks Consensus Estimate of $1.75 billion. With the consensus EPS estimate being $0.97, the EPS surprise was +2.06%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

Key Takeaways ON Semiconductor, or Onsemi, beat third-quarter profit and revenue estimates, but sales continued to decline and the chipmaker gave weak guidance. All three of the company's units posted sales drops. The midpoint of Onsemi's current-quarter profit outlook was below forecasts. ON Semiconductor (ON) beat third-quarter profit and revenue estimates Monday, but sales continued to decline and the chipmaker gave weak guidance. The company also known as Onsemi reported third-quarter adjusted earnings ...

ON Semiconductor Corp (NASDAQ:ON) stock is up 2% to trade at $72.64 at last glance, reversing premarket losses after the company reported better-than-expected earnings and revenue for the third quarter. A disappointing outlook for the fourth quarter is keeping the equity's gains in check, however. The $66 level has acted as a floor for ON Semiconductor stock several times since April, and is coming back into play today. Meanwhile, the 200-day moving average is enacting pressure. Shares are now pacing for th ...

ON Semiconductor Corp. (ON) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.06%. A quarter ago, it was expected that this semiconductor components maker would post earnings of $0.92 per share when it actually produced earnings of $0.96, delivering a surprise of 4.35%. Over the last ...

Quarterly Investor Presentation Third Quarter 2024 onsem. 1 Public Information © onsemi 2024 Public Information © onsemi 2024 Safe Harbor Statement and Non-GAAP and Forecast Information This presentation includes "forward-looking statements," as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this presentation could be deeme ...

Exhibit 99.1 onsemi Reports Third Quarter 2024 Results Revenue and earnings exceed expectations with Free Cash Flow increasing 41% sequentially SCOTTSDALE, Ariz., – Oct. 28, 2024 – onsemi (the "Company") (Nasdaq: ON) today announced results for the third quarter of 2024 with the following highlights: • Revenue of $1,761.9 million • GAAP gross margin and non-GAAP gross margin of 45.4 percent and 45.5 percent, respectively • GAAP operating margin and non-GAAP operating margin of 25.3 percent and 28.2 percent, ...

ON Semiconductor Corporation ON will release earnings results for its third quarter, before the opening bell on Monday, Oct. 28.Analysts expect the Scottsdale, Arizona-based company to report quarterly earnings at 97 cents per share, down from $1.39 per share in the year-ago period. ON Semiconductor projects to report revenue of $1.75 billion for the quarter, compared to $2.18 billion a year earlier, according to data from Benzinga Pro.On July 29, ON Semiconductor reported better-than-expected second-quarte ...

On Semiconductor (ON) is slated to release its third-quarter 2024 results on Oct. 28.For third-quarter 2024, onsemi expects revenues between $1.7 billion and $1.8 billion. Earnings are expected to be in the range of 91cents to $1.03 per share.The Zacks Consensus Estimate for third-quarter earnings is pegged at 97 cents per share, unchanged in the past 30 days. This indicates a decline of 30.22% from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings C ...