NASDAQ$ON
ON Semiconductor Corp · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported strong third quarter results with revenue of $1,317.3 million and GAAP diluted earnings per share of $0.38.
ON Semiconductor reported third-quarter 2020 revenue of $1,317.3 million, a decrease of approximately 5% compared to the third quarter of 2019. GAAP diluted earnings per share were $0.38, and non-GAAP diluted earnings per share were $0.27. The company's margins in the third quarter expanded significantly quarter over quarter due to normalization of operations following the initial impact of the COVID-19 pandemic and growth in revenue.
- Revenue of $1,317.3 million
- GAAP and non-GAAP gross margin of 33.5 percent
- GAAP operating margin of 9.0 percent and non-GAAP operating margin of 12.0 percent
- GAAP diluted earnings per share of $0.38 and non-GAAP diluted earnings per share of $0.27
Headline financials
Revenue & EPS history
ON Semiconductor · Revenue · Quarterly
$1.32B
Forward guidance
The Company anticipates 2020 fourth quarter revenue to be approximately $1,300 million to $1,400 million. GAAP and non-GAAP gross margin for the fourth quarter of 2020 is expected to be between 32.9 percent and 34.9 percent.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.7%
Avg return
Earnings day
+1.8%
Avg return
5 days after
+5.1%
Avg return
30 days after
54%
37 / 69 earnings
Positive
+18.9%
Q3 2021
Best reaction
-25.0%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.3% | +0.2% | +28.1% | |
| Q4 2025 | +3.5% | +10.9% | -11.4% | |
| Q3 2025 | -0.8% | -4.5% | +14.1% | |
| Q2 2025 | -15.6% | -16.1% | -15.9% | |
| Q1 2025 | -8.4% | -2.2% | +20.0% | |
| Q4 2024 | -8.2% | +1.1% | -16.4% | |
| Q3 2024 | +4.8% | -0.4% | -1.3% | |
| Q2 2024 | +5.4% | -3.2% | +6.4% | |
| Q1 2024 | +3.1% | +3.4% | +4.3% | |
| Q4 2023 | +7.8% | +14.1% | +9.6% | |
| Q3 2023 | -25.0% | -18.3% | -14.2% | |
| Q2 2023 | +2.9% | -2.6% | -5.9% | |
| Q1 2023 | +10.0% | +12.9% | +16.2% | |
| Q4 2022 | +5.7% | +3.6% | +2.7% | |
| Q3 2022 | -8.5% | -6.4% | +11.4% | |
| Q2 2022 | -1.8% | +1.3% | +3.0% | |
| Q1 2022 | +8.4% | +5.8% | +13.7% | |
| Q4 2021 | +14.9% | +2.7% | +1.8% | |
| Q3 2021 | +18.9% | +23.0% | +28.4% | |
| Q2 2021 | +16.2% | +15.9% | +14.4% | |
| Q1 2021 | -4.5% | -0.9% | +1.0% | |
| Q4 2020 | +6.8% | +11.3% | +15.0% | |
| Q3 2020 | -2.9% | +5.4% | +14.6% | |
| Q2 2020 | +5.2% | +5.1% | +8.8% | |
| Q1 2020 | -8.5% | -14.0% | +21.6% | |
| Q4 2019 | -14.4% | -11.7% | -19.1% | |
| Q3 2019 | +9.7% | +9.9% | +14.8% | |
| Q2 2019 | -11.6% | -14.5% | -10.6% | |
| Q1 2019 | +2.8% | +4.8% | -19.5% | |
| Q4 2018 | +7.7% | +13.9% | +8.1% | |
| Q3 2018 | +15.4% | +23.9% | +29.1% | |
| Q2 2018 | -4.8% | -6.7% | -6.8% | |
| Q1 2018 | -3.6% | -1.5% | +11.3% | |
| Q4 2017 | -6.9% | -9.3% | +0.5% | |
| Q3 2017 | -0.2% | -0.4% | -11.2% | |
| Q2 2017 | +8.9% | +5.6% | +9.7% | |
| Q1 2017 | +0.1% | +2.8% | +11.6% | |
| Q4 2016 | +8.3% | +10.3% | +7.6% | |
| Q3 2016 | -1.0% | -3.0% | -1.8% | |
| Q2 2016 | +3.4% | +1.1% | +9.3% | |
| Q1 2016 | -0.3% | — | — | |
| Q4 2015 | -12.0% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | -3.9% | — | — | |
| Q1 2015 | +2.1% | — | — | |
| Q4 2014 | +2.3% | — | — | |
| Q3 2014 | +2.0% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q4 2013 | -4.1% | — | — | |
| Q1 2014 | +3.2% | — | — | |
| Q3 2013 | +4.2% | — | — | |
| Q2 2013 | -10.2% | — | — | |
| Q1 2013 | -2.2% | — | — | |
| Q4 2012 | +1.1% | — | — | |
| Q3 2012 | +3.0% | — | — | |
| Q2 2012 | -4.7% | — | — | |
| Q1 2012 | +1.4% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q3 2011 | +12.3% | — | — | |
| Q2 2011 | +1.5% | — | — | |
| Q1 2010 | +3.3% | — | — | |
| Q1 2011 | -1.9% | — | — | |
| Q4 2010 | +5.0% | — | — | |
| Q4 2008 | +5.0% | — | — | |
| Q3 2009 | +4.5% | — | — | |
| Q3 2010 | +4.5% | — | — | |
| Q2 2010 | -1.9% | — | — | |
| Q4 2009 | -1.9% | — | — | |
| Q2 2009 | -1.9% | — | — |
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