onsemi (ON) Misses Q4 EPS by 2c, Guidance Misses

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onsemi Reports Fourth Quarter and Full Year 2024 Results

February 10, 2025 7:30 AM EST

Returned 54% of 2024 Free Cash Flow through share repurchases

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (the Company) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2024 results with the following highlights:

Fourth quarter revenue of $1,722.5 million Fourth quarter GAAP gross margin and non-GAAP gross margin of 45.2% and 45.3%, respectively Fourth quarter GAAP... More