On Semiconductor's revenue in the fourth quarter was $1.53 billion, in line with expectations.

ON Semiconductor released its fourth quarter financial report: revenue of $1.53 billion, expected $1.53 billion; adjusted earnings per share of $0.64, expected $0.62; earnings per share of $0.45, compared to $0.88 in the same period last year; projected adjusted earnings per share of $0.560.66 for the first quarter, expected $0.62; projected revenue of $1.44 billion to $1.54 billion for the first quarter, expected $1.51 billion.