Tower Semiconductor Reports 2023 Fourth Quarter and Full Year Financial Results
Tower Semiconductor Ltd. - Ordinary Shares (TSEM)
Last tower semiconductor ltd. - ordinary shares earnings: 2/18 04:06 am
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ir.towerjazz.com
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Source: GlobeNewswire
MIGDAL HAEMEK, Israel, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the fourth quarter and for the year ended December 31, 2023. Fourth Quarter of 2023 Results Overview Revenue for the fourth quarter of 2023 was $352 million as compared with $358 million for the third quarter of 2023. Revenue for the fourth quarter of 2022 was $403 million. Gross profit for the fourth quarter of 2023 was $84 million as compared with $87 million for the third quarter of 2023. Gross profit for the fourth quarter of 2022 was $125 million. Operating profit for the fourth quarter of 2023 was $45 million, as compared with $362 million in the third quarter of 2023 which included $314 million, net, from the Intel merger contract termination. Operating profit for the fourth quarter of 2022 was $99 million and included $14 million restructuring income, net from the previously disclosed reorganizatio
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News
- Tower Semiconductor to Attend the 52nd Annual TD Cowen Technology, Media & Telecom ConferenceGlobeNewswire
- Tower Semiconductor to Participate in the 52nd Annual JP Morgan Global Technology, Media, and Communications ConferenceGlobeNewswire
- Tower Semiconductor Announces First Quarter 2024 Financial Results and Conference CallGlobeNewswire
- Those who invested in Tower Semiconductor (NASDAQ:TSEM) five years ago are up 78% [Yahoo! Finance]Yahoo! Finance
- Tower Semiconductor Ltd. (NASDAQ:TSEM) is favoured by institutional owners who hold 67% of the company [Yahoo! Finance]Yahoo! Finance
TSEM
Earnings
- 2/14/24 - Beat
TSEM
Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- TSEM's page on the SEC website