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Onsemi shares surged Monday as the chipmaker reported first-quarter profit and sales that beat analysts' estimates.

Sensor manufacturer Sensata Technology (NYSE:ST) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue flat year on year at $1.01 billion. The company expects next quarter's revenue to be around $1.04 billion, in line with analysts' estimates. It made a non-GAAP profit of $0.89 per share, down from its profit of $0.92 per share in the same quarter last year.

Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 23.6% year on year to $140.8 million. On the other hand, next quarter's revenue guidance of $130 million was less impressive, coming in 7.5% below analysts' estimates. It made a non-GAAP profit of $0.29 per share, down from its profit of $0.51 per share in the same quarter last year.

Hub Group, Inc. ( NASDAQ:HUBG ) last week reported its latest first-quarter results, which makes it a good time for...

As you might know, Textron Inc. ( NYSE:TXT ) last week released its latest first-quarter, and things did not turn out...