onsemi First Quarter 2023 Results Exceed Expectations

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onsemi (ON) Tops Q1 EPS by 11c, Offers Guidance

May 1, 2023 8:02 AM EDT

onsemi (NASDAQ: ON) reported Q1 EPS of $1.19, $0.11 better than the analyst estimate of $1.08. Revenue for the quarter came in at $1.96 billion versus the consensus estimate of $1.92 billion.

GUIDANCE:

onsemi sees Q2 2023 EPS of $1.14-$1.28, versus the consensus of $1.06. onsemi sees Q2 2023... More