secwatch.observer — SEC 8-K summary
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Issuer:     ON SEMICONDUCTOR CORP (ON)
CIK:        0001097864
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0001193125-24-023485
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

onsemi Q4 revenue $2.02B, EPS $1.28; Q1 guidance $1.8-1.9B rev
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- Q4 revenue $2,018.1M; GAAP gross margin 46.7%, operating margin 30.3%, GAAP diluted EPS $1.28; non-GAAP $1.25.
- Full year 2023 automotive revenue record $4.3B (+29% YoY); silicon carbide revenue 4x YoY.
- FY 2023 share repurchases $564M, representing 140% of free cash flow.
- Q1 2024 guidance: revenue $1.8-1.9B, GAAP gross margin 44.4-46.4%, GAAP diluted EPS $0.94-1.06.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097864/000119312524023485/0001193125-24-023485-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097864/000119312524023485/d610011d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-023485

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