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Mizuho Securities Reiterates Buy Rating on ON Semiconductor (ON) Following 3Q

October 29, 2019 7:31 AM EDT

Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $25.00 price target on ON Semiconductor (NASDAQ: ON) following the company's 3Q report. ON reported an in-line SepQ topline with weakness in auto and industrial. The DecQ topline guide was in-line, flat q/q at... More

ON Semiconductor (ON) Misses Q3 EPS by 3c; Offers Q4 Revenue Outlook

October 28, 2019 5:57 AM EDT

ON Semiconductor (NASDAQ: ON) reported Q3 EPS of $0.33, $0.03 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.38 billion.

Revenue of $1,381.8 millionGAAP gross margin of 34.4 percent and non-GAAP gross margin of 35.8 percentGAAP... More