Loading...
•
Sep 30, 2022
ON Semiconductor Q3 2022 Earnings Report
ON Semiconductor reported record results driven by growth in automotive and industrial markets.
Key Takeaways
ON Semiconductor (onsemi) announced record third-quarter 2022 results, with revenue reaching $2,192.6 million, a 26% increase year-over-year. The company's GAAP diluted earnings per share were $0.70, and non-GAAP diluted earnings per share reached a record $1.45. Free cash flow was $731 million.
Record revenue of $2,192.6 million, an increase of 26 percent year-over-year
GAAP and non-GAAP gross margin of 48.3 percent and 49.3 percent, respectively
GAAP operating margin of 19.4 percent
Record non-GAAP diluted earnings per share of $1.45 as compared to $0.87 in the quarter a year ago
Forward Guidance
The following table outlines onsemi’s projected fourth quarter of 2022 GAAP and non-GAAP outlook.
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...