ON Semiconductor Q1 2022 Earnings Report
Key Takeaways
ON Semiconductor reported record revenue of $1,945.0 million, an increase of 31 percent year-over-year. GAAP diluted earnings per share was $1.18, and non-GAAP diluted earnings per share was $1.22. Record GAAP and non-GAAP gross margin was 49.4 percent.
Record revenue of $1,945.0 million, an increase of 31 percent year-over-year
GAAP diluted earnings per share of $1.18 as compared to $0.20 in the quarter a year ago
Record non-GAAP diluted earnings per share of $1.22 as compared to $0.35 in the quarter a year ago
Record GAAP and non-GAAP gross margin of 49.4 percent increased 1,420 basis points year-over-year
ON Semiconductor
ON Semiconductor
Forward Guidance
The following table outlines onsemi’s projected second quarter of 2022 GAAP and non-GAAP outlook. Total onsemi GAAP Special Items ** Total onsemi Non-GAAP***