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On Semiconductor Corporation  (ON)
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EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit


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A $410 million tax benefit, helped On Semiconductor Corporation to post $1.22 eps in the forth quarter 2017



Company achieved eps growth of 370.22 % to $1.22 in the forth quarter 2017, Sales increased by 9.24 % to $1.38 billions in comparison to $1.26 billions in the prior year quarter.

Compare to previous quarter eps more than doubled by 388.39 % from $0.25 per share and Sales decreased by -0.96 % from $1.39 billions.

Net income of $531 millions in the forth quarter 2017 increased by 375.38 % from net earnings of $112 millions reported in the forth quarter 2017 a year ago. On Semiconductor Corporation also emphasized it's improving profit margins, where net margin rose to 38.55% in forth quarter 2017, and operating margin edged up to 12.05%.

The company's bottom-line growth was helped by $410 million tax benefit, without it, the forth quarter 2017 results would be much more moderate.
Looking into financial results for the fiscal year 2017, On Semiconductor Corporation reported Sales of $5.54 billions and net income of $813 millions.

Semiconductors Company explained also, that Eps surged by 339.53 % to $1.89 per share from $0.43 in the previous fiscal year, while Sales surged by 41.88 % from $3.91 billions a year ago.
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On Semiconductor reported third quarter 2017 earnings

On Semiconductor reported second quarter 2017 earnings

On Semiconductor reported first quarter 2017 earnings

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