On Semiconductor Beats Q1 Earnings, Revenue Estimates — Stock Slides

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On Semiconductor Corp. (NASDAQ:ON) reported first-quarter results after Monday’s closing bell, beating estimates across the board.

Here’s a look at the details inside the report. 

On Semi Q1 Details       

On Semiconductor reported quarterly earnings of 64 cents per share, which beat the analyst estimate of 60 cents by 6.67%.

Quarterly revenue came in at $1.51 billion, which beat the analyst consensus estimate of $1.49 billion, according to Benzinga Pro data. 

“AI data center revenue more than doubled year-over-year due to …

Full story available on Benzinga.com

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