شناسهٔ خبر: 47017506 - سرویس سیاسی
نسخه قابل چاپ منبع: آسوشیتد پرس | لینک خبر

ON Semiconductor Corp.: Q1 Earnings Snapshot

PHOENIX (AP) _ ON Semiconductor Corp. (ON) on Monday reported first-quarter net income of $89.9 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Phoenix-based company said it had profit of 20 cents. Earnings, adjusted for one-time gains and costs, came to 35 cents per share. The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

صاحب‌خبر -

PHOENIX (AP) _ ON Semiconductor Corp. (ON) on Monday reported first-quarter net income of $89.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Phoenix-based company said it had profit of 20 cents. Earnings, adjusted for one-time gains and costs, came to 35 cents per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The semiconductor components maker posted revenue of $1.48 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $1.46 billion.

For the current quarter ending in July, ON Semiconductor Corp. expects its per-share earnings to range from 44 cents to 54 cents.

The company said it expects revenue in the range of $1.57 billion to $1.67 billion for the fiscal second quarter.

ON Semiconductor Corp. shares have increased 19% since the beginning of the year. The stock has more than doubled in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ON at https://www.zacks.com/ap/ON

نظر شما