ON Semiconductor (ON) Tops Q2 EPS by 10c

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ON Semiconductor Reports Second Quarter 2020 Results

August 8, 2020 1:15 PM EDT

Revenue of $1,213.5 million GAAP and non-GAAP gross margin of 30.8 percent GAAP operating margin of 3.6 percent and non-GAAP operating margin of 7.4 percent GAAP diluted loss per share of $0.00 and non-GAAP diluted earnings per share of $0.12

PHOENIX--(BUSINESS WIRE)-- ON Semiconductor Corporation (Nasdaq: ON) today announced that 2020 second quarter revenue was $1,213.5 million, down approximately 10 percent compared to 2019 second quarter revenue. 2020 second quarter revenue was down approximately 5 percent as compared to 2020 first quarter revenue.

"Despite disruption from COVID-19 pandemic, we continue to make... More

ON Semiconductor to Explore Sale of Niigata Manufacturing Facility

August 8, 2020 1:00 PM EDT

Company intent for buyer to continue to manufacture products and maintain supply continuity for customers

PHOENIX--(BUSINESS WIRE)-- ON Semiconductor Corporation (Nasdaq: ON), driving energy efficient innovations, today announced it is exploring a sale of its manufacturing facility in Niigata, Japan. The intended sale of Niigata facility is part of the... More