onsemi (ON) Tops Q4 EPS by 6c, Offers Guidance, Announces $3 Billion Share Repurchase Program

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

Go back to onsemi (ON) Tops Q4 EPS by 6c, Offers Guidance, Announces $3 Billion Share Repurchase Program

onsemi Exceeds Fourth Quarter Expectations and Announces $3 Billion Share Repurchase Program

February 6, 2023 8:00 AM EST

Achieved record annual revenue, gross margin, and free cash flow

PHOENIX--(BUSINESS WIRE)-- onsemi (the Company) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2022 results with the following highlights:

Fourth quarter revenue of $2,103.6 million increased by 14% year-over-year Fourth quarter GAAP gross margin of 48.5% increased by 343 bps year-over-year and non-GAAP gross margin of 48.4% increased by 321 bps year-over-year Record fourth quarter automotive revenue of $989 million grew 54% year-over-year Fourth quarter GAAP and non-GAAP diluted earnings per share of $1.35 and $1.32, respectively Record fiscal year 2022... More