ON Semiconductor Reports Fourth Quarter and 2019 Annual Results

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ON Semiconductor (ON) Misses Q4 EPS by 2c, Revenues Beat; Offers Q1 Revenue Guidance Above Consensus

February 3, 2020 6:05 AM EST

ON Semiconductor (NASDAQ: ON) reported Q4 EPS of $0.30, $0.02 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.37 billion.

For the fourth quarter of 2019, highlights include:

Revenue of $1,401.8 millionGAAP and non-GAAP gross margin of 34.6 percentGAAP operating margin of 9.9 percent and non-GAAP operating margin of 12.3 percentOperating... More