ON Semiconductor Reports Second Quarter 2016 Results
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Needham & Company Remains Bullish on ON Semiconductor (ON) Following 2Q
August 8, 2016 2:28 PM EDTNeedham & Company maintained a Buy rating and $14.00 price target on ON Semiconductor (NASDAQ: ON) following the company's 2Q earnings report. Revenue for the second quarter exceeded the high-end of guidance at $877.8 million, higher than expectations of $855 million. Non-GAAP EPS was reported at $0.23, inline with estimates.... More
ON Semiconductor (ON) Tops Q2 EPS by 2c
August 8, 2016 6:26 AM EDTON Semiconductor (NASDAQ: ON) reported Q2 EPS of $0.21, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $877.8 million versus the consensus estimate of $854.55 million.
GUIDANCE:
ON Semiconductor sees Q3 2016 revenue of $885-925 million, versus the consensus... More
