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To: Sam who wrote (78868)2/5/2018 4:15:34 PM
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ON Semiconductor reports colossal earnings bump in latest quarter

finance.yahoo.com

Hayley Ringle,
American City Business JournalsFebruary 5, 2018

ON Semiconductor Corp. reported a 9 percent increase in revenue, and a 378 percent increase in earnings, year over year during its latest quarter. ON Semiconductor reported net income of $529.9 million, or $1.22 per share, on revenue of $1.38 billion for the quarter ended Dec. 31. “With a broad portfolio of products for the industrial and automotive end-markets, ON Semiconductor is well positioned to benefit from the fastest growing end-markets in the semiconductor industry,” Jackson said in a statement.