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Oct 01, 2021
ON Semiconductor Q3 2021 Earnings Report
Reported record revenue and non-GAAP earnings per share.
Key Takeaways
ON Semiconductor (onsemi) announced record revenue of $1,742.1 million for Q3 2021, a 32% increase year-over-year, and a GAAP diluted earnings per share of $0.70, with a record non-GAAP diluted earnings per share of $0.87.
Record revenue of $1,742.1 million, an increase of 32 percent year-over-year
GAAP diluted earnings per share of $0.70 as compared to $0.38 in the quarter a year ago
Record non-GAAP diluted earnings per share of $0.87 as compared to $0.27 in the quarter a year ago
GAAP gross margin of 41.4 percent increased 310 basis points quarter-over-quarter and 790 basis points year-over-year
ON Semiconductor
ON Semiconductor
Forward Guidance
The following table outlines onsemi’s projected fourth quarter of 2021 GAAP and non-GAAP outlook.