secwatch.observer — SEC 8-K summary
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Issuer:     ON SEMICONDUCTOR CORP (ON)
CIK:        0001097864
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001193125-22-273174
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

onsemi Q3 revenue $2.19B (+26% YoY); record non-GAAP op margin 35.4%, EPS $1.45
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- Record revenue of $2,192.6M, up 26% YoY; all segments grew (PSG +25%, ASG +20%, ISG +45%).
- GAAP gross margin 48.3%; non-GAAP gross margin 49.3%. GAAP EPS $0.70 flat YoY.
- Record non-GAAP operating margin of 35.4% (up ~1100bps YoY); record non-GAAP EPS $1.45 vs $0.87.
- Free cash flow $731M; record LTM free cash flow margin of 21.0%.
- Q4 outlook: revenue $2.01B-$2.14B, non-GAAP diluted EPS $1.18-$1.34.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097864/000119312522273174/0001193125-22-273174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097864/000119312522273174/d388878d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-273174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer