ON Semiconductor Files 8-K on Financial Results
Ticker: ON · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1097864
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, 8-K, semiconductors
TL;DR
**ON Semiconductor just dropped an 8-K about their financials, so get ready for potential stock movement.**
AI Summary
ON Semiconductor Corporation filed an 8-K on February 5, 2024, to report its results of operations and financial condition. This filing, under the ticker symbol ON, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the company's health and future prospects, which can influence stock price and investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information about ON Semiconductor, enabling them to assess the company's performance and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for reporting financial results and does not inherently indicate a high-risk event.
Analyst Insight
A smart investor would await the full details of the 'Results of Operations and Financial Condition' mentioned in this 8-K to understand the company's performance before making any investment decisions.
Key Numbers
- 001-39317 — Commission File Number (identifies ON Semiconductor's registration with the SEC)
- 36-3840979 — IRS Employer Identification No. (identifies ON Semiconductor for tax purposes)
- 85250 — Zip Code (part of ON Semiconductor's principal executive offices address)
- 602-244-6600 — Registrant’s telephone number (contact number for ON Semiconductor)
- $0.01 — par value per share (par value of ON Semiconductor's Common Stock)
Key Players & Entities
- ON Semiconductor Corporation (company) — the registrant filing the 8-K
- February 5, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for ON Semiconductor Corporation
- The Nasdaq Stock Market LLC (company) — exchange where ON Semiconductor's common stock is registered
- Scottsdale, Arizona (company) — location of ON Semiconductor's principal executive offices
Forward-Looking Statements
- ON Semiconductor's stock price will react to the detailed financial results once they are fully disclosed. (ON Semiconductor Corporation) — medium confidence, target: 2024-02-06
- Analysts will update their ratings and price targets for ON Semiconductor based on the reported financial condition. (ON Semiconductor Corporation) — medium confidence, target: 2024-02-12
FAQ
What is the primary purpose of this 8-K filing by ON Semiconductor Corporation?
The primary purpose of this 8-K filing, dated February 5, 2024, is to report on the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' of ON Semiconductor Corporation, as indicated by the 'ITEM INFORMATION' sections.
What is the ticker symbol for ON Semiconductor Corporation's common stock?
The ticker symbol for ON Semiconductor Corporation's Common Stock, par value $0.01 per share, is 'ON', and it is registered on The Nasdaq Stock Market LLC.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 5, 2024, which is also the date of the report.
Where are ON Semiconductor Corporation's principal executive offices located?
ON Semiconductor Corporation's principal executive offices are located at 5701 N. Pima Road, Scottsdale, Arizona, 85250.
Under which sections of the Securities Exchange Act of 1934 is this current report filed?
This current report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 572 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-02-05 08:06:02
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share ON The Nasdaq Stock Marke
Filing Documents
- d610011d8k.htm (8-K) — 26KB
- d610011dex991.htm (EX-99.1) — 576KB
- 0001193125-24-023485.txt ( ) — 756KB
- on-20240205.xsd (EX-101.SCH) — 3KB
- on-20240205_lab.xml (EX-101.LAB) — 18KB
- on-20240205_pre.xml (EX-101.PRE) — 11KB
- d610011d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits The below exhibit is furnished as part of this Current Report on Form 8-K. Exhibit No. Description 99.1 News release for ON Semiconductor Corporation, dated February 5, 2024, announcing financial performance for the fourth quarter and year ended December 31, 2023 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ON SEMICONDUCTOR CORPORATION (Registrant) Date: February 5, 2024 By: /s/ Thad Trent Thad Trent Executive Vice President, Chief Financial Officer and Treasurer