ON Semiconductor Corp. (ON) revealed a profit for fourth quarter that Drops, from last year
The company's bottom line totaled $181.8 million, or $0.45 per share. This compares with $379.9 million, or $0.88 per share, last year.
Excluding items, ON Semiconductor Corp. reported adjusted earnings of $257.2 million or $0.64 per share for the period.
The company's revenue for the period fell 11.1% to $1.530 billion from $1.722 billion last year.
ON Semiconductor Corp. earnings at a glance (GAAP) :
-Earnings: $181.8 Mln. vs. $379.9 Mln. last year.-EPS: $0.45 vs. $0.88 last year.-Revenue: $1.530 Bln vs. $1.722 Bln last year.
-Guidance:Next quarter EPS guidance: $ 0.28 To $ 0.38Next quarter revenue guidance: $ 1.435 B To $ 1.535 B
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