— ON Semiconductor Corp. (NASDAQ: ON) Monday reported earnings of $0.30 per share for the fourth quarter of 2019, on an adjusted basis, vs. $0.32 per share expected.
— Unadjusted earnings dropped 66% annually to $56.5 million or $0.14 per share from $165.6 million or $0.39 per share in the fourth quarter of 2018
— Revenues declined 7% to $1.4 billion during the three-month period from $1.50 billion a year earlier, vs. $1.37 billion expected
— Gross margin and operating margin came in at 34.6% and 9.9%, respectively
— The company expects revenues to be in the range of $1.355 billion to $1.405 billion in the first quarter of 2020
— Looking for gross margin between 33.7% and 34.7% for the first quarter, on an unadjusted basis
— Operating expenses are expected to be between $330 million and $348 million for the first quarter
— On track to implement new changes to the manufacturing footprint, and accelerate the timeline for production at the 300mm fab
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
