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