onsemi reports EPS in-line, beats on revs; guides Q3 EPS in-line, revs in-line; beginning to see signs of stabilization across its end markets
8:03 AM ET 8/4/25 | Briefing.com
Reports Q2 (Jun) earnings of $0.53 per share, excluding non-recurring items, in-line with the FactSet Consensus of $0.53; revenues fell 15.4% year/year to $1.47 bln vs the $1.45 bln FactSet Consensus. Co issues in-line guidance for Q3, sees EPS of $0.54-0.64, excluding non-recurring items, vs. $0.58 FactSet Consensus; sees Q3 revs of $1.465-1.565 bln vs. $1.50 bln FactSet Consensus."Our ongoing transformation is resulting in a more predictable business model, reflecting the strength of our strategy and our commitment to long-term value creation. We are beginning to see signs of stabilization across our end markets, and we remain well-positioned to benefit from a market recovery," said Hassane El-Khoury, president and CEO, onsemi.Co also announces that select Xiaomi YU7 electric SUV models feature an advanced 800V drive platform powered by onsemi's EliteSiC M3e technology. The EliteSiC M3e platform features superior performance and efficiency enabling automakers to design smaller, lighter, and more robust traction systems for EVs.
DJ ON Semiconductor Down Over 9%, on Pace for Largest Percent Decrease Since April -- Data Talk
10:24 AM ET 8/4/25 | Dow Jones
ON Semiconductor Corporation (ON) is currently at $51.48, down $5.34 or 9.4%
--Would be lowest close since June 13, 2025, when it closed at $51.02
--On pace for largest percent decrease since April 10, 2025, when it fell 11.02%
--Currently down four of the past five days
--Down 18.35% year-to-date
--Down 52.37% from its all-time closing high of $108.09 on Aug. 1, 2023
--Down 25.36% from 52 weeks ago (Aug. 5, 2024), when it closed at $68.97
--Down 33.89% from its 52-week closing high of $77.87 on Aug. 30, 2024
--Up 61.13% from its 52-week closing low of $31.95 on April 8, 2025
--Traded as low as $51.13; lowest intraday level since June 13, 2025, when it hit $50.94
--Down 10.01% at today's intraday low; largest intraday percent decrease since May 5, 2025, when it fell as much as 10.19%
--Worst performer in the S&P 500 today
--Worst performer in the Nasdaq 100 today
--Ninth most active stock in the Nasdaq 100 today
|
