Onsemi reports flat growth in Q4 2023, recorded total revenue of $2 billion

News
Financial results
ATI News Team

Net income in the quarter was $562.7 million

In a Feb. 5 press release, Onsemi announced its Q4 and full-year results for fiscal year 2023. The company’s total revenue in Q4 was $2018 million, with a gross margin of 46.7% operating margin of 30.3%, and net income of $562.7 million, respectively.

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