ON Semiconductor (ON) PT Lowered to $69 at Benchmark
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onsemi Reports Record Third Quarter 2022 Results
October 31, 2022 8:00 AM EDTPHOENIX--(BUSINESS WIRE)-- onsemi (the Company) (Nasdaq: ON) today announced results for the third quarter of 2022 with the following highlights:
Record revenue of $2,192.6 million, an increase of 26% year-over-year GAAP and non-GAAP gross margin of 48.3% and 49.3%, respectively GAAP operating margin of 19.4% Record non-GAAP operating margin of 35.4% increased... More