ON Semiconductor (NASDAQ:ON) reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.34 by 3.73 percent. This is a 4.14 percent decrease over earnings of $1.45 per share from the same period last year. The company reported quarterly sales of $2.18 billion which beat the analyst consensus estimate of $2.15 billion by 1.43 percent. This is a 0.54 percent decrease over sales of $2.19 billion the same period last year.