Loading...
•
Jul 01, 2022
ON Semiconductor Q2 2022 Earnings Report
onsemi achieved record results with quarterly revenue exceeding $2B for the first time.
Key Takeaways
onsemi reported record second-quarter results, with revenue reaching $2,085.0 million, a 25% increase year-over-year. The company's GAAP operating margin increased to 28.0%, and non-GAAP diluted earnings per share more than doubled year-over-year to $1.34.
Record revenue of $2,085.0 million, an increase of 25 percent year-over-year
Record GAAP and non-GAAP gross margin of 49.7 percent
GAAP operating margin of 28.0 percent increased 1,110 basis points year-over-year
Record non-GAAP operating margin of 34.5 percent increased 1,490 basis points year-over-year
Forward Guidance
onsemi projects third quarter 2022 revenue between $2,070 to $2,170 million, with a gross margin between 48.0% to 50.0% and diluted earnings per share between $1.23 to $1.35.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...