onsemi (Nasdaq: ON) plans to announce its financial results for the third quarter, which ended October 2, 2026, after market close on Monday, November 2, 2026. The semiconductor manufacturer will host a conference call to discuss the performance shortly after the release.

The earnings call is scheduled for 5:00 pm ET on November 2, 2026. Investors and interested parties can access the live webcast via the Investor Relations section of the company’s website. A re-broadcast of the call will be available approximately one hour following the live broadcast and will remain accessible for 30 days.

Access details for investors

Participants may join the conference call through the following methods:

• Webcast: Available via the Investor Relations section at onsemi.com.
• Teleconference: Requires pre-registration through the provided link.

About onsemi

onsemi delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end markets. The company is included in the S&P 500 index.

onsemi (NASDAQ: ON) and Synaptics Incorporated (NASDAQ: SYNA) announced an amended merger agreement reducing the acquisition value to approximately $5.7 billion. The revision lowers the offer to $123 per share in cash, down from the prior agreement’s approximate $7 billion valuation.

The amendment follows a thorough review of an unsolicited competing proposal received from a third party. Under the revised terms, the transaction is expected to be immediately accretive to onsemi’s non-GAAP earnings per share upon closing. This change provides value certainty for Synaptics shareholders while delivering higher financial attractiveness for onsemi investors.

Strategic rationale and synergies

Hassane El-Khoury, President and CEO of onsemi, stated that Synaptics addresses a critical aspect of the company’s strategic direction. He noted that the all-cash structure delivers higher value through lower total cost consideration. Beyond the previously announced $200 million in annual run-rate synergies, onsemi identified incremental opportunities to create shareholder value.

These additional benefits stem from revenue synergies and the insourcing of a portion of Synaptics’ production. These gains are expected to be realized after the initial 18 months post-close, further strengthening the long-term earnings and cash flow profile of the combined entity. El-Khoury emphasized that Synaptics complements growth in onsemi’s AI data center business and brings highly profitable human-machine interface and sensing products businesses.

Financing and regulatory status

The transaction will be financed through a combination of cash on hand and committed financing. onsemi has obtained fully committed debt financing from Morgan Stanley. Notably, the amended merger agreement does not include a closing condition related to onsemi’s financing, removing execution risk associated with debt availability.

Regulatory progress remains steady. The transaction has been approved by the United States Federal Trade Commission. Regulators in other jurisdictions are currently reviewing the deal. The transaction is still expected to close by mid-2027, subject to approval by Synaptics shareholders and other customary closing conditions.

Board perspectives

Rahul Patel, Synaptics President and CEO, said the Board has been singularly focused on delivering the best outcome for shareholders. He stated that transitioning to an all-cash structure provides value certainty at a meaningful premium compared to current value. After careful review with financial and legal advisors, the Synaptics Board unanimously determined that the amended transaction continues to be in the best interests of Synaptics and its shareholders.

Deal terms comparison

What the numbers show

The reduction in aggregate deal value from approximately $7 billion to $5.7 billion represents a decrease of roughly 18.6%. This significant price adjustment, coupled with the shift to an all-cash structure, directly supports the claim of immediate non-GAAP EPS accretion for onsemi. By lowering the capital outlay by approximately $1.3 billion, onsemi reduces its leverage burden or preserves cash reserves, which likely contributes to the improved near-term earnings profile. The removal of the financing closing condition further signals strong confidence in onsemi’s balance sheet capacity to absorb the $5.7 billion cost without external contingency risks.