TECH - ON Semiconductor's Stock Tanks After Q3 Performance - Here's Why | Benzinga
ON Semiconductor Corp (NASDAQ: ON) stock reported a third-quarter FY23 revenue decline of 0.5% year-on-year to $2.18 billion, beating the consensus of $2.15 billion.
The Intel Corp (NASDAQ: INTC) rival's adjusted EPS of $1.39 beat the consensus of $1.34.
Revenue from Power Solutions Group (PSG) grew 10% Y/Y to $1.23 billion, Advanced Solutions Group (ASG) ...