•
Dec 31, 2019
ON Semiconductor Q4 2019 Earnings Report
ON Semiconductor reported a decrease in revenue and a decrease in net income compared to the same quarter last year.
Key Takeaways
ON Semiconductor reported Q4 2019 revenue of $1,401.8 million, a decrease of approximately 7% compared to the same quarter last year. GAAP diluted earnings per share was $0.14, and non-GAAP diluted earnings per share was $0.30.
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
GAAP diluted earnings per share of $0.14 and non-GAAP diluted earnings per share of $0.30
ON Semiconductor
ON Semiconductor
Forward Guidance
The Company anticipates that first quarter of 2020 revenue will be approximately $1,355 to $1,405 million. GAAP and non-GAAP gross margin for first quarter 2020 is expected to be between 33.7 percent and 34.7 percent.