8-K
filed May 1, 2023, 7:59 PM ET
ticker ON
CIK 0001097864
earnings
confidence high
sentiment neutral
materiality 0.70
Onsemi Q1 revenue $1.96B (+1% YoY); auto revenue up 38% to record 50% of total
ON SEMICONDUCTOR CORP
2023-Q1 EPS reported
$1.03
revenue$1,959,700,000
- Revenue $1,959.7M (+1% YoY); GAAP EPS $1.03, non-GAAP EPS $1.19 (vs $1.22 YoY).
- Automotive revenue grew 38% YoY to record 50% of total; auto+industrial end-markets 79% (record).
- Silicon carbide revenue nearly doubled QoQ; ADAS and energy infrastructure revenue up ~50% YoY.
- Q2 guidance: revenue $1,975-$2,075M; GAAP EPS $1.08-$1.22; non-GAAP EPS $1.14-$1.28.
- Gross margin 46.8% GAAP and non-GAAP, down from 49.4% YoY; operating margin 28.8% GAAP, 32.2% non-GAAP.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ON SEMICONDUCTOR CORP reported second quarter of 2023 results: revenue $1,975 to $2,075 million, EPS $1.08 to $1.22. Guidance initiated.
- Period
- second quarter of 2023
- Revenue
- $1,975 to $2,075 million
- EPS
- $1.08 to $1.22
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Revenue $1,975 to $2,075 million - $1,975 to $2,075 million Gross Margin 45.4% to 47.4% 0.1% 45.5% to 47.5% Operating Expenses $314 to $329 million $17 million $297 to $312 million Other Income and Expense (including interest expense), net $3 to $5 million - $3 to $5 million Diluted Earnings Per Share $1.08 to $1.22 $0.06 $1.14 to $1.28 Diluted Shares Outstanding * 449 million 9 million 440 million
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ON SEMICONDUCTOR CORP reported the first quarter ended March 31, 2023 results: revenue $1,959.7 million, net income $461.7, EPS $1.03.
- Period
- the first quarter ended March 31, 2023
- Revenue
- $1,959.7 million
- Net income
- $461.7
- EPS
- $1.03
- Result
- reported results
Exact text from the filing
• 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 non-GAAP operating margin of 28.8 percent and 32.2 percent respectively • GAAP diluted earnings per share of $1.03, Non-GAAP diluted earnings per share of $1.19 as compared to $1.22 in the quarter a year ago
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.