ON Semiconductor (NASDAQ:ON) reported Q2 non-GAAP earnings of $1.33 per diluted share, down from $1.34 a year earlier.
Analysts polled by Capital IQ expected $1.21.
Revenue for the quarter ended June 30 was $2.09 billion, flat compared with a year earlier.
Analysts surveyed by Capital IQ expected $2.02 billion.
The company said it expects Q3 non-GAAP EPS of $1.27 to $1.41 on revenue of $2.1 billion to $2.2 billion. Analysts polled by Capital IQ are looking for $1.21 and $2.06 billion, respectively.