Benzinga | May 3, 2021 08:30AM EDT

ON Semiconductor Q1 EPS $0.35 Beats $0.33 Estimate, Sales $1.48B Beat $1.46B Estimate

ON Semiconductor (NASDAQ:ON) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.33 by 6.06 percent. This is a 250 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $1.48 billion which beat the analyst consensus estimate of $1.46 billion by 1.51 percent. This is a 15.96 percent increase over sales of $1.28 billion the same period last year.