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onsemi Q3 revenue of $1.722 billion beats market expectations

Barrons.com +2 · ·by G4L

ON
ON ON Semiconductor Corp
$69.61 +0.72%
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YUMC YUMC -0.42%
  1. 1onsemi recorded a Non-GAAP EPS of $0.90 for the third quarter.
  2. 2onsemi achieved a year-over-year profit growth rate of 42.9%.
  3. 3onsemi acquired Ferric for $600 million.

So what's the key point?

onsemi reported third-quarter results that were higher than expert expectations. The company acquired Ferric for $600 million.

Source Barrons.com +2 · View original ↗

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