ON Semiconductor (ON) reported Q2 adjusted earnings late Monday of $0.74 per diluted share, up from $0.53 a year earlier.
Analysts polled by FactSet expected $0.71.
Revenue for the three months ended July 3 was $1.60 billion, up from $1.47 billion a year earlier.
Analysts expected $1.59 billion.
For Q3, the company expects adjusted EPS of $0.81 to $0.93 on revenue of $1.65 billion to $1.75 billion.
Analysts expect EPS of $0.83 on revenue of $1.67 billion.
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