On Holding AG (NYSE: ONON) shares surged by 13.74% in pre-market trading to $52.00, following the announcement of Q2 2025 financial results.
The company reported a significant revenue beat with $906.88 million, exceeding analysts’ expectations by over $55 million and showcasing a year-over-year growth of 44.4%.
However, ONON posted an unexpected adjusted loss of $0.11 per share, contrasting sharply with the anticipated $0.19 profit and last year’s earnings of $0.15.
The revenue forecast for FY 2025 has also been raised to $3.52 billion from $3.18 billion previously.
