ON Semiconductor Reports Third Quarter 2016 Results

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ON Semiconductor (ON) Tops Q3 EPS by 2c, Sales Light

November 6, 2016 4:26 PM EST

ON Semiconductor (NASDAQ: ON) reported Q3 non-GAAP EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $950.9 million versus the consensus estimate of $955.98 million.

GUIDANCE:

ON Semiconductor sees Q4 2016 revenue of $1.19-1.24 billion, versus the consensus of $1.23 billion. Backlog levels for the fourth quarter of 2016 represent... More