ON Semiconductor (ON) Tops Q4 EPS by 15c, Offers Guidance
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onsemi Reports Fourth Quarter and 2021 Financial Results
February 7, 2022 8:00 AM ESTAchieved record annual and quarterly revenue, gross margin, profit, and cash flow
PHOENIX--(BUSINESS WIRE)-- onsemi (the Company) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2021 results with the following highlights:
Record fiscal year revenue of $6.74 billion representing 28.3% year-over-year growth Record quarterly revenue of $1,846.1 million, and record GAAP and non-GAAP gross margins of 45.1% and 45.2%, respectively Record quarterly GAAP and non-GAAP operating margins of 26.0% and 28.6%, respectively Fourth quarter GAAP and non-GAAP diluted earnings per share of $0.96 and $1.09, respectively 2021 free cash flow increased 167%... More