ON Semiconductor Corp (ONNN) Reports In-Line Q3 EPS, Posts Weak Q4 Sales Guidance

November 2, 2011 4:08 PM EDT
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ON Semiconductor Corp (NASDAQ: ONNN) reported Q3 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $898 million versus the consensus estimate of $898.9 million.

ON Semiconductor Corp sees Q4 2011 revenue of $740-$780 million, versus the consensus of $832 million. The lower guidance is due to the Thailand flooding


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