Tower Semiconductor Reports 2023 Fourth Quarter and Full Year Financial Results [Yahoo! Finance]
Tower Semiconductor Ltd. - Ordinary Shares (TSEM)
Last tower semiconductor ltd. - ordinary shares earnings: 2/18 04:06 am
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Source: Yahoo! Finance
Fourth Quarter of 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. G ross 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. O perating profit for the fourth quarter of 2023 was $45 million, as compared with $362 million in the third quarter of 2023 which included $ 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 reorganization and restructure of our Japan operations during 2022. Net profit for the fourth quarter of 2023 was $54 million, or $0.49 basic and $0.48 diluted earnings per share, as compared with net profit for the third quarter of 2023 of $342 million
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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