ON Semiconductor Corp. (ONNN) posted third quarter GAAP net income of $29.9 million or $0.07 per share, compared to $50.6 million or $0.13 per share in the prior year quarter. The third quarter 2009 GAAP net income included net charges of $41.0 million, or $0.09 per share, from special items.
Third quarter non-GAAP net income was $70.9 million or $0.16 per share, compared to $100.4 million or $0.25 per share in last year quarter.
On average, 17 analysts polled by Thomson Reuters expected the company to report earnings of $0.10 per share. Analysts' estimates typically exclude special items.
Total revenues for the third quarter were $472.9 million, compared to $581.5 million in the same quarter last year. Nineteen Wall Street analysts expected revenues of $454.91 million.
Looking forward, for the fourth quarter of 2009, the company expects total revenues to be in the range of $480 to $495 million. Wall Street analysts expect revenues of $467.25 million.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.