ON Semiconductor Corp Q1 Profit Decreases but beats estimates

WASHINGTON (dpa-AFX) – ON Semiconductor Corp. (ON) reported earnings for first quarter that decreased from the same period last year but beat the Street estimates. The company’s earnings came in at $461.7 million, or $1.03 per share. This compares with $530.2 million, or $1.18 per share, in last year’s first…Read More