Flexible Electronics News

onsemi Reports 4Q, 2021 Financial Results

Record fiscal year revenue of $6.74 billion representing 28.3% year-over-year growth.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

onsemi announced its fourth quarter and fiscal year 2021 results with the following highlights: • Record fiscal year revenue of $6.74 billion representing 28.3% year-over-year growth. • Record quarterly revenue of $1,846.1 million, and record GAAP and non-GAAP gross margins of 45.1% and 45.2%, respectively. • Record quarterly GAAP and non-GAAP operating margins of 26.0% and 28.6%, respectively. • Fourth quarter GAAP and non-GAAP diluted earnings per share of $0.96 and $1.09, respectively 2...

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