ON Semiconductor Corp. reported fourth-quarter FY21 revenue growth of 28 percent year-on-year to $1.85 billion, beating the consensus of $1.79 billion.
Revenue from Power Solutions Group (PSG) grew 33 percent Y/Y to $953.4 million, Advanced Solutions Group (ASG) increased 24 percent Y/Y to $647.3 million, and Intelligent Sensing Group (ISG) rose 18 percent Y/Y to $245.4 million.
