Motley Fool
Why On Semiconductor Stock Just Jumped 15%
Three months ago, shares of On Semiconductor (NASDAQ: ON) racked up double-digit gains after reporting a solid earnings beat relative to Wall Street expectations and, well … “second verse, same as the first.” On Semiconductor set a record for quarterly revenue in Q3, up 32% year over year. When calculated according to generally accepted accounting principles (GAAP), however, earnings weren’t quite as good as the $0.87 pro forma figure note above.
Source: https://finance.yahoo.com/m/2dafed0d-d7ff-3ff4-9b0b-2e33a9a7b7af/gold-holds-ground-as.html