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

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ON Semiconductor Reports Fourth Quarter and 2019 Annual Results

February 3, 2020 6:00 AM EST

For the fourth quarter of 2019, highlights include:

Revenue of $1,401.8 million GAAP and non-GAAP gross margin of 34.6 percent GAAP operating margin of 9.9 percent and non-GAAP operating margin of 12.3 percent Operating cash flow of $91.7 million and free cash flow of ($20.7) million GAAP diluted earnings per share of $0.14 and non-GAAP diluted earnings per share of $0.30

For 2019, highlights include:

Revenue of $5,517.9 million Gross margin of 35.8 percent and non-GAAP gross margin of 36.1 percent GAAP operating margin of 7.8 percent and non-GAAP operating margin of 14.1... More