onsemi (ON) Tops Q1 EPS by 11c, Offers Guidance

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onsemi First Quarter 2023 Results Exceed Expectations

May 1, 2023 8:00 AM EDT

Automotive and Industrial end-markets contribute record 79% of revenue

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (the Company) (Nasdaq: ON) today announced results for the first quarter of 2023 with the following highlights:

Revenue of $1,959.7 million, an increase of 1 percent year-over-year GAAP and non-GAAP gross margin of 46.8 percent GAAP operating margin and... More