onsemi Exceeds Fourth Quarter Expectations and Announces $3 Billion Share Repurchase Program
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ON Semiconductor (ON) share buybacks expresses confidence in cash generation ability - Credit Suisse
February 6, 2023 12:15 PM ESTON Semiconductor (NASDAQ: ON) shares opened Monday's session lower but are now up on the day following its latest earnings release, which saw it top earnings and revenue expectations.
Credit Suisse analyst Chris Caso, who has a Neutral rating and $83 per share price target on the stock, said the company's earnings were a slight upside,... More
onsemi (ON) Tops Q4 EPS by 6c, Offers Guidance, Announces $3 Billion Share Repurchase Program
February 6, 2023 8:03 AM ESTonsemi (NASDAQ: ON) reported Q4 EPS of $1.32, $0.06 better than the analyst estimate of $1.26. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.08 billion.
Announces $3 Billion Share Repurchase ProgramGUIDANCE:
onsemi sees Q1 2023 EPS of $1.02-$1.14,... More
