onsemi (ON) Q2 Earnings Beat Estimates, Revenues Down Y/Y

onsemi ON reported second-quarter 2024 non-GAAP earnings of 96 cents per share, outpacing the Zacks Consensus Estimate by 4.35% but declining 27.8% year over year.Revenues of $1.73 billion beat the Zacks Consensus Estimate by 0.2%

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