From Financial Modeling Prep: 2025-05-05 12:56:00

ON Semiconductor (NASDAQ:ON) saw its shares drop over 8% despite beating analyst expectations in their first-quarter results. Earnings per share were $0.55, higher than the estimated $0.52, with revenue at $1.45 billion, surpassing the forecasted $1.41 billion.

Margins at ON Semiconductor fell due to industry challenges, with adjusted gross margin at 40% and adjusted operating margin at 18.3%, though still above analyst estimates.

Looking ahead, the company forecasts adjusted earnings per share for the second quarter to be between $0.48 and $0.58, higher than the expected $0.51. Revenue is projected to range from $1.4 billion to $1.5 billion, above the consensus of $1.412 billion.



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