ON Semiconductor (NASDAQ:ON) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.60 by 6.67 percent. This is a 16.36 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $1.513 billion which beat the analyst consensus estimate of $1.487 billion by 1.77 percent. This is a 4.65 percent increase over sales of $1.446 billion the same period last year.