ON Semiconductor Reports First Quarter 2021 Results

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ON Semiconductor (ON) PT Raised to $46 at Susquehanna Following Earnings

May 3, 2021 4:00 PM EDT

Susquehanna analyst Christopher Rolland raised the price target on ON Semiconductor (NASDAQ: ON) to $46.00 (from $45.00) while maintaining a Positive rating.

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ON Semiconductor (ON) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS/Revenues Guidance Above Consensus

May 3, 2021 8:03 AM EDT

ON Semiconductor (NASDAQ: ON) reported Q1 EPS of $0.35, $0.02 better than the analyst estimate of $0.33. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.46 billion.

Revenue of $1,481.7 million increased 16 percent year-over-yearGAAP diluted earnings per share of $0.20 as compared to $(0.03) in the quarter a year agoNon-GAAP diluted earnings per share of... More