Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 322.34

+1.1%

Jan 23 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StanX Long who wrote (62924)	4/18/2002 2:27:56 AM
From: StanX Long	Read Replies (1) of 70976

On Semi reports slight sequential increase in Q1 sales Company 'on track' to cut $360 million in annual costs since one year ago Semiconductor Business News (04/17/02 17:00 p.m. EST) siliconstrategies.com PHOENIX -- On Semiconductor Corp. today reported slightly better-than-expected revenues of $269.1 million for the first quarter, a sequential increase of 0.8% compared to $266.9 million in Q4 of 2002. The company had been projecting sequentially flat-to-slightly down revenues in the quarter. Including restructuring charges, On Semiconductor posted a net loss of $50 million, or $0.30 per share, in the first quarter vs. a net loss of $450.9 million in Q4, which included non-recurring charges of $367 million. The Phoenix chip maker said it had a pro forma net loss--excluding restructuring charges--of $43 million, or $0.26 per share, in Q1, which was better than Wall Street's consensus of -$0.31 per share, according to First Call/Thomson Financial.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next