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While reporting its financial results for the fourth quarter on Monday, ON Semiconductor Corp. (ON) forecast revenue for the first quarter of 2021 revenue in a range of $1.41 billion to $1.51 billion, and gross margin between 34.1 percent and 36.1 percent.


RTTNews | Feb 1, 2021 08:15AM EST

08:14 Monday, February 1, 2021 (RTTNews.com) - While reporting its financial results for the fourth quarter on Monday, ON Semiconductor Corp. (ON) forecast revenue for the first quarter of 2021 revenue in a range of $1.41 billion to $1.51 billion, and gross margin between 34.1 percent and 36.1 percent.

On average, analysts polled by Thomson Reuters expect the company to report revenue of $1.35 billion for the quarter. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3165481/on-semiconductor-sees-q1-revenue-above-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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