onsemi Reports Fourth Quarter and Full Year 2023 Earnings

Selected financial results for 2023 and 2022 are shown below:

 

GAAP

Non-GAAP

 

Year Ended

Year Ended

(Revenue and Net Income in millions)

December 31,
2023

December 31,
2022

December 31,
2023

December 31,
2022

Revenue

$

8,253.0

 

$

8,326.2

 

$

8,253.0

 

$

8,326.2

 

Gross Margin

 

47.1

%

 

49.0

%

 

47.1

%

 

49.2

%

Operating Margin

 

30.8

%

 

28.3

%

 

32.3

%

 

34.5

%

Net Income attributable to onsemi

$

2,183.7

 

$

1,902.2

 

$

2,256.2

 

$

2,347.7

 

Diluted Earnings Per Share

$

4.89

 

$

4.25

 

$

5.16

 

$

5.33

 

Revenue Summary

($ in millions)

(Unaudited)

 

 

Three Months Ended

 

 

Business Segment

Q4 2023

 

Q3 2023

 

Q4 2022

Sequential Change

Year-over-Year Change

PSG

$

1,085.8

$

1,230.6

$

1,048.4

(12

)%

4

%

ASG

 

624.6

 

621.6

 

701.0

%

(11

)%

ISG

 

307.7

 

328.6

 

354.2

(6

)%

(13

)%

Total

$

2,018.1

$

2,180.8

$

2,103.6

(7

)%

(4

)%

 

Year Ended

 

Business Segment

December 31,
2023

December 31,
2022

Year-over-Year Change

PSG

$

4,449.0

$

4,208.2

6

%

ASG

 

2,488.5

 

2,841.3

(12

)%

ISG

 

1,315.5

 

1,276.7

3

%

Total

$

8,253.0

$

8,326.2

(1

)%


« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
World Architecture Festival 2024 at Marina Bay Sands Singapore - Nov 6 - 8, 2024
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise