ON Semiconductor-ON's Q4 Earnings Beat Estimates, Revenues Fall Y/Y, Shares Down

ON Semiconductor (ON) reported fourth-quarter 2024 non-GAAP earnings of 95 cents per share, which outpaced the Zacks Consensus Estimate by 3.06% but declined 24% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $1.72 billion missed the Zacks Consensus Estimate by 2.05% and declined 14.7% on a year-over-year basis. In terms of end markets, Automotive (59.5% of revenues) revenues were$ 1.03 billion, down 8% year over year. Industrial (24.2% of revenues) end-mar ...