ON Semiconductor Expects Q2 Revenue of $1.68B-$1.78B Vs $1.83B Est, Adj EPS of $0.86-$0.98 Vs $1.01 Est
ON Semiconductor Corporation ON | 66.54 69.39 | -0.89% +4.28% Pre |
SECOND QUARTER 2024 OUTLOOK
The following table outlines onsemi's projected second quarter of 2024 GAAP and non-GAAP outlook.
|
|
Total onsemi GAAP |
Special Items ** |
Total onsemi Non-GAAP*** |
| Revenue |
$1,680 to $1,780 million |
- |
$1,680 to $1,780 million |
| Gross Margin |
44.1% to 46.1% |
0.1% |
44.2% to 46.2% |
| Operating Expenses |
$327 to $342 million |
$14 million |
$313 to $328 million |
| Other Income and Expense (including interest), net |
($12 million) |
- |
($12 million) |
| Diluted Earnings Per Share |
$0.82 to $0.94 |
$0.04 |
$0.86 to $0.98 |
| Diluted Shares Outstanding * |
436 million |
4 million |
432 million |
