ON SEMICONDUCTOR overview

onsemi (the “Company”) (Nasdaq: ON) today announced its first quarter 2025 results with the following highlights: Revenue of $1,445.7 million GAAP gross margin and non-GAAP gross margin of 20.3% and 40.0%, respectively GAAP operating margin and non-GAAP operating margin of (39.7)% and 18.3%, respectively GAAP diluted loss per share and non-GAAP diluted earnings per share of $(1.15) and $0.55, respectively Cash from operations of $602 million with free cash flow of $455 million, increasing...

onsemi (Nasdaq: ON) plans to announce its financial results for the first quarter, which ended April 4, 2025, before the market opens on Monday, May 5, 2025. The company will host a conference call at 9 a.m. Eastern Time (ET) on May 5, 2025, 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...

onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) and withdrawn its all-cash proposal to acquire Allegro for $35.10 per share. While onsemi continues to believe that a combination of these companies would have brought two highly complementary businesses together, benefiting their respective customers and delivering immediate value to Allegro shareholders, onsemi has determined there is no actionable path...

onsemi (NASDAQ: ON ) today disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) to acquire the company for $35.10 per share in cash for each share (the “Proposal”) of Allegro’s common stock on a fully diluted basis at an implied enterprise value of $6.9 billion. onsemi has made numerous attempts over the past six months to enter into constructive discussions regarding a potential transaction. The most recent...

onsemi (the “Company”) (Nasdaq: ON ) today 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...

onsemi (Nasdaq: ON ) plans to announce its financial results for the fourth quarter and full year, which ended December 31, 2024, before the market opens on Monday, February 10, 2025. The company will host a conference call at 9 a.m. Eastern Time (ET) on February 10, 2025, 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...

onsemi (Nasdaq: ON) today announced that it has entered into an agreement to acquire the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo for $115 million in cash. The acquisition will complement onsemi’s extensive EliteSiC power portfolio and enable the company to address the need for high energy efficiency and power density in the AC-DC stage in power supply units for AI data centers. Additionally,...