Flexible Electronics News

onsemi Reports 4Q, Full Year 2024 Results

Full year 2024 free cash flow was $1.2 billion, a 3X increase year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

onsemi 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 operating margin and non-GAAP operating margin of 23.7% and 26.7%, respectively • Fourth quarter GAAP diluted earnings per share of $0.88 and non-GAAP diluted earnings per share of $0.95, respectively • Full year 2024 free cash flow of $1...

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