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ON Semiconductor Guides Q3 Revenues Well Above Estimates - Update
(RTTNews) - While reporting financial results for the second quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the third quarter.
For the third quarter, the company projects earnings in a range of $1.23 to $1.35 per share and adjusted earnings in a range of $1.25 to $1.37 per share on revenues between $2.07 billion and $2.17 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.26 per share on revenues of $2.01 billion for the quarter. Analysts' estimates typically exclude special items.
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Yen Rises After Japan Kato Comments
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, after Japanese Finance minister Katsunobu Kato reiterated that the government would keep a careful eye in foreign exchange rates and take action to prevent excessive volatility.
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1 ชม. 16 นาทีที่ผ่านมา
