Flexible Electronics News

onsemi Reports Record 2Q 2022 Results

Semiconductor leader reports revenue of $2,085 million, an increase of 25% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

onsemi announced results for the second quarter of 2022 with the following highlights: • Record revenue of $2,085 million, an increase of 25% year-over-year • Record GAAP and non-GAAP gross margin of 49.7% • GAAP operating margin of 28.0% increased 1,110 basis points year-over-year • Record non-GAAP operating margin of 34.5% increased 1,490 basis points year-over-year • GAAP diluted earnings per share of $1.02 as compared to $0.42 in the quarter a year ago • Non-GAAP diluted earnings per...

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