— ON Semiconductor Corp. (NASDAQ: ON) Monday reported earnings of $0.30 per share for the fourth quarter of 2019, on an adjusted basis, vs. $0.32 per share expected.
— Unadjusted earnings dropped 66% annually to $56.5 million or $0.14 per share from $165.6 million or $0.39 per share in the fourth quarter of 2018
— Revenues declined 7% to $1.4 billion during the three-month period from $1.50 billion a year earlier, vs. $1.37 billion expected
— Gross margin and operating margin came in at 34.6% and 9.9%, respectively
— The company expects revenues to be in the range of $1.355 billion to $1.405 billion in the first quarter of 2020
— Looking for gross margin between 33.7% and 34.7% for the first quarter, on an unadjusted basis
— Operating expenses are expected to be between $330 million and $348 million for the first quarter
— On track to implement new changes to the manufacturing footprint, and accelerate the timeline for production at the 300mm fab
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06