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ON Semiconductor (ON) Reports In-Line Q2 EPS; Issues Q3 Outlook

August 3, 2015 6:54 AM EDT

ON Semiconductor (NASDAQ: ON) reported Q2 EPS of $0.22, in-line with the analyst estimate of $0.22. Revenue for the quarter came in at $880.5 million versus the consensus estimate of $897.4 million.

ON SEMICONDUCTOR Q3 2015 BUSINESS OUTLOOK

Total ON Semiconductor

GAAP

Special

Items ***

Total ON Semiconductor

Non-GAAP****

Revenue $890 to $930 million $890 to $930 million
Gross Margin 34% to 36% 34% to 36%
Operating Expenses $232 to $244 million $35 to $37 million $197 to $207 million
Net Interest Expense / Other Expenses $8 to $10 million $8 to $10 million
Convertible Notes, Non-cash Interest Expense* $6 million $6 million
Tax $8 to $12 million $3 to $4 million $5 to $8 million
Diluted Share Count ** 430 million 430 million

*** The Street sees Q3 revenue and EPS at $935.8 million and $0.27.

For earnings history and earnings-related data on ON Semiconductor (ON) click here.



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