ON Semiconductor Reports First Quarter 2017 Results

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ON Semiconductor (ON) PT Raised to $20 at Stifel Following 1Q

May 8, 2017 3:27 PM EDT

Stifel raised its price target on ON Semiconductor (NASDAQ: ON) to $20.00 (from $18.00) while maintaining a Buy rating. ON reported Non-GAAP Revenue of $1.28bn, above the Street estimate of $1.24bn.

Management announced that they continue to track significantly ahead of schedule in realizing synergies... More

ON Semiconductor (ON) Reports Q1 EPS of 18c

May 8, 2017 8:21 AM EDT

ON Semiconductor (NASDAQ: ON) reported Q1 EPS of $0.18, may not compare to the analyst estimate of $0.25. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

ON Semiconductor sees Q2 2017 revenue of $1.29-1.34 billion, versus the... More