SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (the “Company”) (Nasdaq: ON) today announced results for the first quarter of 2024 with the following highlights: Revenue of $1,862.7 million GAAP gross margin and non-GAAP gross margin of 45.8% and 45.9%, respectively GAAP operating margin and non-GAAP operating margin of 28.2% and 29.0%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $1.04 and $1.08, respectively Returned ~100% of free cash flow over last twelve months to shareholders through stock repurchases “The structural changes we hav...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ) plans to announce its financial results for the first quarter, which ended March 29, 2024, before the market opens on Monday, April 29, 2024. The company will host a conference call at 9 a.m. Eastern Daylight Time (EDT) on April 29, 2024, following the release of its financial results. Investors and interested parties can access the conference call in the following manner: Webcast: A live webcast of the conference call will be available via the “” section of the company’s website at The re-broadcast of the call will be available at t...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- ON Semiconductor Corporation (Nasdaq: ON) (“onsemi”) disclosed today that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation, an Ontario corporation (“TRC Capital Investment”). onsemi is not affiliated or associated in any way with TRC Capital Investment, its mini-tender offer or its offer documentation. The offer is for the purchase of up to 1.5 million shares of onsemi’s common stock at a price of $70.75 per share, approximately 4.4% lower than the $74.04 closing share price of onsemi’s common stock on March...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ) today announced the formation of the Analog and Mixed-Signal Group (AMG) which will be led by newly appointed group president, Sudhir Gopalswamy. The group will be focused on expanding onsemi’s portfolio of industry-leading power management and sensor interface devices to unlock an additional $19.3 billion total addressable market and accelerate the company’s growth in the automotive, industrial and cloud-end markets. Additionally, Simon Keeton has been promoted to group president of the Power Solutions Group (PSG). His leadership has be...
Auto semiconductor revenues experienced their first sequential decline since 2Q20, reflecting the start of an inventory correction. Most companies and consensus anticipate a short cycle, with revenues rebounding strongly from the trough in the first quarter of 2024. We remain more cautious and anticipate further incremental downward revisions. For more details, refer to the report.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2023 results with the following highlights: Fourth quarter revenue of $2,018.1 million Fourth quarter GAAP and non-GAAP gross margin of 46.7% GAAP operating margin and non-GAAP operating margin of 30.3% and 31.6%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $1.28 and $1.25, respectively Full year 2023 record automotive revenue of $4.3 billion increased 29% year-over-year Full year 2023 share repurchases of $564...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ) plans to announce its financial results for the fourth quarter, which ended December 31, 2023, before the market opens on Monday, February 5, 2024. The company will host a conference call at 9 a.m. Eastern Time (ET) on February 5, 2024 following the release of its financial results. Investors and interested parties can access the conference call in the following manner: Webcast: A live webcast of the conference call will be available via the “” section of the company’s website at . The re-broadcast of the call will be available at thi...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (the “Company”) (Nasdaq: ) today announced results for the third quarter of 2023 with the following highlights: Revenue of $2,180.8 million; GAAP and non-GAAP gross margin of 47.3% GAAP operating margin and non-GAAP operating margin of 31.5% and 32.6%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $1.29 and $1.39, respectively Record automotive revenue of $1.2 billion, and increased 33% year-over-year Record industrial revenue of $616 million, up slightly year-over-year “Our disciplined appr...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ) plans to announce its financial results for the third quarter, which ended September 29, 2023, before the market opens on Monday, October 30, 2023. The company will host a conference call at 9 a.m. Eastern Time (ET) on October 30, 2023, following the release of its financial results. Investors and interested parties can access the conference call in the following manner: Webcast: A live webcast of the conference call will be available via the “Investor Relations” section of the company’s website at The re-broadcast of the call will b...
Today, we are publishing the Industrials section of our 20th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 130 companies we track, providing an update on our key perspectives and convictions. Revenues are expected to decline next quarter as several companies begin to experience an inventory correction and weakness in demand. Consensus expectations reflect a soft landing in the second half a...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (the “Company”) (Nasdaq: ON) today announced results for the second quarter of 2023 with the following highlights: Revenue of $2,094.4 million, flat year-over-year GAAP and non-GAAP gross margin of 47.4 percent GAAP operating margin and non-GAAP operating margin of 32.2 percent and 32.8 percent, respectively GAAP diluted earnings per share of $1.29 and non-GAAP diluted earnings per share of $1.33, approximately flat compared to $1.34 in the quarter a year ago Record Automotive revenue exceeded $1 billion increased 35% year-over-year ...
n this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ) plans to announce its financial results for the second quarter, which ended June 30, 2023, before the market opens on Monday, July 31, 2023. The company will host a conference call at 9 a.m. Eastern Time (ET) on July 31, 2023, following the release of its financial results. Investors and interested parties can access the conference call in the following manner: Webcast: A live webcast of the conference call will be available via the “” section of the company’s website at The re-broadcast of the call will be available at this site app...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ), a leader in intelligent power and sensing technologies, will be added to the Nasdaq-100 Index® prior to market open on Tuesday, June 20, 2023. The inclusion comes after two consecutive years of record results, tripling the company’s market cap over the last 30 months. The company closed out 2022 with $8.3 billion in revenue and with earnings growing 3x faster than revenue. “Our addition to the prestigious Nasdaq-100 Index is a testament to the successful execution of our strategy over the last two years, during which our employees aroun...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.