安森美半导体发布2018年第3季度业绩

  • 收入为1,541.7百万美元
  • 毛利率为38.7%
  • 公认会计原则(GAAP)营运毛利率为15.7%,及非公认会计原则(non-GAAP)营运毛利率为17.8%
  • 营运现金流为358.2百万美元及可用的流动现金为227.8百万美元
  • GAAP每股盈利为0.38美元,及non-GAAP每股盈利为0.57美元

2018年10月29日 – 安森美半导体公司(ON Semiconductor Corporation,美国纳斯达克上市代号:ON)宣布2018年第3季度收入总额为1,541.7百万美元,较2017年第3季度上升约11%。2018年第3季度的收入较2018年第2季度上升约6%。

安森美半导体总裁兼首席执行官傑克信(Keith Jackson)说:“我们第3季度表现强劲,充分显示我们业务的实力,即使面对数个终端市场的波动。我们业务现时的主要动力来自汽车、工业及云电源终端市场的多种应用的电子成分的显着增加。而不是该等市场的潜在销量单位增长。随着我们设计持续强劲地导入量产,以及电源、模拟及传感器产品不断扩展,我们具备有利条件,可充份利用汽车、工业及云电源终端市场的关键大趋势。连同稳健的收入表现,我们在营运执行方面继续稳好,这可以从我们强劲的利润率及可用的流动现金得到证明。”

“尽管数个终端市场出现短期波动,我们对长期前景乐观,正作出审慎投资,以保持收入增长势头及进一步巩固我们领先行业的成本结构。”

Q3 2018 Results

*上一期间的金额已就追溯性采纳ASU 2017-07 - 「改善定期退休金成本净额及定期退休后福利成本净额的呈列」(「ASU 2017-07」)作出调整。根据ASU 2017-07,服务成本包括于经营收入内,而其他成分于经营收入之外呈报。采纳该准则对本期及上期财务报表并无重大影响。

2018年第4季度展望

第4季度展望包括安森美半导体会津株式会社 (ON Semiconductor Aizu Co., Ltd. 英文简称OSA)的贡献,OSA是位于日本会津若松的8吋晶圆厂制造合营公司。安森美半导体近期增购合营公司20%股权,现拥有合营公司60%股权,因此本公司将由2018年第4季度起于其综合财务报表报告该合营公司的营运业绩。作为该交易的一部分,本公司可由2018年第4季度起向该合营合作伙伴提供制造服务,最多达六个季度。

按现时产品订单趋势、未完成订单水平和估计周转水平,本公司预计2018年第4季度的收入将约为1,480百万美元至1,530百万美元。2018年第4季度的收入展望包括来自OSA提供制造服务的收入约20百万美元。

2018年第4季度的毛利率预期介乎37.1%至38.1%。2018年第4季度毛利率展望包括有关OSA提供制造服务的负面影响负50个基点。

2018年第4季的度展望包括以股票支付报酬的预期支出约19百万美元至21百万美元。预期缴付所得税的净现金为8百万美元至12百万美元。

下表概列安森美半导体2018年第4季度的GAAP及non-GAAP展望。


Q3 2018 Outlook

FINANCIALS

* Convertible Notes, Non-cash Interest Expense is calculated pursuant to FASB's Accounting Standards Codification Topic 470: Debt.

** Diluted share count can vary as a result of, among other things, the actual exercise of options or vesting of restricted stock units, the incremental dilutive shares from the Company's convertible senior subordinated notes, and the repurchase or the issuance of stock or convertible notes or the sale of treasury shares. In periods in which the quarterly average stock price per share exceeds $18.50, the non-GAAP diluted share count and non-GAAP net income per share includes the impact of the Company’s hedge transactions issued concurrently with our 1.00% convertible notes. As such, at an average stock price per share between $18.50 and $25.96, the hedging activity offsets the potentially dilutive effect of the 1.00% convertible notes. In periods when the quarterly average stock price per share exceeds $20.72, the non-GAAP diluted share count and non-GAAP net income per share includes the anti-dilutive impact of the Company’s hedge transactions issued concurrently with the 1.625% convertible notes. As such, at an average stock price per share between $20.72 and $30.70, the hedging activity offsets the potentially dilutive effect of the 1.625% convertible notes. Both GAAP and non-GAAP diluted share counts are based on the Company’s stock price as of September 28, 2018.

*** Special items may include: amortization of acquisition-related intangibles; expensing of appraised inventory fair market value step-up; purchased in-process research and development expenses; restructuring, asset impairments and other, net; goodwill impairment charges; gains and losses on debt prepayment; non-cash interest expense; actuarial (gains) losses on pension plans and other pension benefits; and certain other special items, as necessary. These special items are out of our control and could change significantly from period to period. As a result, we are not able to reasonably estimate and separately present the individual impact or probable significance of these special items, and we are similarly unable to provide a reconciliation of the non-GAAP measures. The reconciliation that is unavailable would include a forward-looking income statement, balance sheet and statement of cash flows in accordance with GAAP. For this reason, we use a projected range of the aggregate amount of special items in order to calculate our projected non-GAAP operating expense outlook.

**** We believe these non-GAAP measures provide important supplemental information to investors. We use these measures, together with GAAP measures, for internal managerial purposes and as a means to evaluate period-to-period comparisons. However, we do not, and you should not, rely on non-GAAP financial measures alone as measures of our performance. We believe that non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when taken together with GAAP results and the reconciliations to corresponding GAAP financial measures that we also provide in our releases, provide a more complete understanding of factors and trends affecting our business. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures, even if they have similar names.

电话会议

安森美半导体将于美国时间2018年10月29日美国东部时间 (EST)上午9时为财经界举行电话会议,讨论安森美半导体此公告和第3季度的业绩。英语电话会议将在公司网站http://www.onsemi.cn的“投资者关系”网页作实时广播。实时网上广播大约1小时后在该网站回放,为时30天。投资者及有兴趣者如想参加业绩报告英语电话会议,请拨877-356-3762 (美国/加拿大),或1-262-558-6155(国际),并提供该会议的ID号码 —1676964。

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