The Zhitong Finance App learned that on Tuesday, ONON.US (ONON.US) plummeted by more than 18% in early trading, a new low during the year, and is now reported at $31.56. According to the news, the company released financial results for the second quarter, with net sales of CHF 850.3 million, lower than the market's consensus forecast of CHF 888 million; adjusted earnings per share were CHF 0.35, slightly higher than the forecast of CHF 0.34. The company raised its annual gross margin forecast to at least 65%, but the revenue gap raised concerns about growth momentum.

The Zhitong Finance App learned that on Tuesday, ONON.US (ONON.US) plummeted by more than 18% in early trading, a new low during the year, and is now reported at $31.56. According to the news, the company released financial results for the second quarter, with net sales of CHF 850.3 million, lower than the market's consensus forecast of CHF 888 million; adjusted earnings per share were CHF 0.35, slightly higher than the forecast of CHF 0.34. The company raised its annual gross margin forecast to at least 65%, but the revenue gap raised concerns about growth momentum.