ON Semiconductor Corp Expects Q4 Revenue of $1.950B-$2.050B Vs. $2.18B Est, Adj EPS $1.13-$1.27 Vs. $1.36 Est
ON Semiconductor Corporation ON | 66.54 | -0.89% |
FOURTH QUARTER 2023 OUTLOOK
The following table outlines onsemi's projected fourth quarter of 2023 GAAP and non-GAAP outlook.
|
|
Total onsemi GAAP |
Special Items ** |
Total onsemi Non-GAAP*** |
| Revenue |
$1,950 to $2,050 million |
- |
$1,950 to $2,050 million |
| Gross Margin |
45.4% to 47.4% |
0.1% |
45.5% to 47.5% |
| Operating Expenses |
$314 to $329 million |
$14 million |
$300 to $315 million |
| Other Income and Expense (including interest), net |
($4 million) |
- |
($4 million) |
| Diluted Earnings Per Share |
$1.10 to $1.24 |
$0.03 |
$1.13 to $1.27 |
| Diluted Shares Outstanding * |
444 million |
6 million |
438 million |
