ON Semiconductor (ON) earnings were released today, May 1st. Its adjusted EPS came in at $1.19 versus an estimated $1.09 and its revenue came in at $1.96B versus an estimated $1.92B. George Tsilis discusses this name as its automotive revenue grew 38% year-over-year and automotive and industrial-end markets together represented 79% of revenue. He then demonstrates an example trade using ON. The trade type is buy a call and the direction is bullish. Tune in to find out more about the stock market today.
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