TSEM earnings
Tower Semiconductor Ltd. (TSEM) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Tower Semiconductor Reports First Quarter 2026 Financial Results with 15% Year over Year Revenue GrowthMIGDAL HAEMEK, Israel, May 13, 2026 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ/TASE: TSEM) reports today its results for the first quarter ended March 31, 2026. First Quarter of 2026 Results OverviewRevenue for the first quarter of 2026 was $414 million as compared to $358 million for the first quarter of 2025, representing 15% year-over-year revenue growth. Gross profit and operating profit for the first quarter of 2026 were $111 million and $65 million, respectively, compared to $73 million and $33 million in the first quarter of 2025, respectively, representing 52% gross profit growth and 96% operating profit growth. Net profit for the first quarter of 2026 was $65 million, refl
- Tower Semiconductor Announces First Quarter 2026 Financial Results and Conference CallMIGDAL HAEMEK, Israel – April 20, 2026 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its first quarter 2026 earnings release on Wednesday, May 13, 2026. The Company will hold a conference call to discuss its first quarter 2026 financial results and second quarter 2026 guidance on Wednesday, May 13, 2026, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast and available through the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/, where the pre-registration form required for dial-in partici
- Tower Semiconductor Reports Record Revenue for the Fourth Quarter of 2025MIGDAL HAEMEK, Israel, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ/TASE: TSEM) reports today its results for the fourth quarter of 2025 and for the year ended December 31, 2025. Fourth Quarter of 2025 Results OverviewRecord revenue for the fourth quarter of 2025 was $440 million, representing revenue growth of 14% year-over-year and 11% quarter-over-quarter. The Company met its expressed revenue target of sequential quarter-over-quarter revenue growth within 2025 and an acceleration in the second half of the year, resulting in 23% growth fourth quarter over first quarter. Gross profit and operating profit for the fourth quarter of 2025 were $118 million
- Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2025 Financial Results and Conference CallMIGDAL HAEMEK, Israel – January 20, 2026 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2025 earnings release on Wednesday, February 11, 2026. The Company will hold a conference call to discuss its fourth quarter and fiscal year 2025 financial results and first quarter 2026 guidance on Wednesday, February 11, 2026, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast and available through the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/, where the pre-r
- Tower Semiconductor Reports Third Quarter 2025 Financial ResultsGuiding Fourth Quarter 2025 Revenue to be Record $440 Million, Citing Revenue Growth Across its Core Technologies Investing an additional $300 Million in SiPho and SiGe Capacity Growth and Next Generation Capabilities MIGDAL HAEMEK, Israel, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ/TASE: TSEM) reports today its results for the third quarter ended September 30, 2025. Third Quarter of 2025 Results OverviewRevenue for the third quarter of 2025 was $396 million, representing revenue growth of 6% quarter-over-quarter. Gross profit for the third quarter of 2025 was $93 million, compared to $80 million in the second quarter
- Tower Semiconductor Announces Third Quarter 2025 Financial Results and Conference CallMIGDAL HAEMEK, Israel – October 15, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its third quarter 2025 earnings release on Monday, November 10, 2025. The Company will hold a conference call to discuss its third quarter 2025 financial results and fourth quarter 2025 guidance on Monday, November 10, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast and available through the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/, where the pre-registration form required for dial-in p
- Tower Semiconductor Reports 2025 Second Quarter Financial ResultsQuarter-over-quarter and year-over-year revenue growth Providing guidance for accelerated revenue growth in the third quarter MIGDAL HAEMEK, Israel, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ/TASE: TSEM) reports today its results for the second quarter ended June 30, 2025. Second Quarter of 2025 Results Overview Revenues for the second quarter of 2025 were $372 million, representing revenue growth of 6% year-over-year and 4% quarter-over-quarter. Gross profit for the second quarter of 2025 was $80 million, compared to $73 million in the first quarter of 2025. Net profit for the second quarter of 2025 was $47 million, reflecting $0.42 basic and $0.41 diluted earnings
- Tower Semiconductor Announces Second Quarter 2025 Financial Results and Conference CallMIGDAL HAEMEK, Israel – July 14, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2025 earnings release on Monday, August 4, 2025. The Company will hold a conference call to discuss its second quarter 2025 financial results and third quarter 2025 guidance on Monday, August 4, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast live and accessible via the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/. The pre-registration form required for dial-in participati
- Tower Semiconductor Reports 2025 First Quarter Financial Results9% year-over-year revenue growth Affirms sequential quarterly revenue growth target throughout 2025 MIGDAL HAEMEK, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ/TASE: TSEM) reports today its results for the first quarter ended March 31, 2025. First Quarter of 2025 Results OverviewRevenues for the first quarter of 2025 were $358 million as compared to $327 million for the first quarter of 2024, representing 9% year-over-year revenue growth. Gross profit and operating profit for the first quarter of 2025 were $73 million and $33 million, respectively, as compared to gross profit and operating profit of $73 million and $34 million in the first quarter of 2024, respe
- Tower Semiconductor Announces First Quarter 2025 Financial Results and Conference CallMIGDAL HAEMEK, Israel – April 23, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its first quarter 2025 earnings release on Wednesday, May 14, 2025. The Company will hold a conference call to discuss its first quarter 2025 financial results and second quarter 2025 guidance on Wednesday, May 14, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast and available through the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/, where the pre-registration form required for dial-in partici
- Tower Semiconductor Reports 2024 Fourth Quarter and Full Year Financial ResultsMIGDAL HAEMEK, Israel, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM)) reports today its results for the fourth quarter of 2024 and for the year ended December 31, 2024. Fourth Quarter of 2024 Results OverviewRevenues for the fourth quarter of 2024 were $387 million as compared to $371 million for the third quarter of 2024 and $352 million for the fourth quarter of 2023, representing 5% quarter over quarter growth and 10% year over year growth. The Company met its expressed target of sequential quarter over quarter revenue growth within 2024, resulting in 18% growth fourth quarter over first quarter. Gross profit for the fourth quarter of 2024 was $87
- Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2024 Financial Results and Conference CallMIGDAL HAEMEK, Israel – January 21, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2024 earnings release on Monday, February 10, 2025. The Company will hold a conference call to discuss its fourth quarter and fiscal year 2024 financial results and first quarter 2025 guidance on Monday, February 10, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast and available through the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/, where the pre-registr
- Tower Semiconductor Reports 2024 Third Quarter Financial Results2024 Fourth Quarter Revenue Guidance Completes Year of Quarter Over Quarter Growth Announces Additional SiPho and SiGe Capacity Build Out, Strategically Serving Expansive Customer Demand MIGDAL HAEMEK, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM)) reports today its results for the third quarter ended September 30, 2024. Third Quarter of 2024 Results Overview Revenue for the third quarter of 2024 was $371 million as compared to $351 million for the second quarter of 2024, representing 6% quarter over quarter growth. Revenue for the third quar
- Tower Semiconductor Announces Third Quarter 2024 Financial Results and Conference CallMIGDAL HAEMEK, Israel – October 21, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2024 earnings release on Wednesday, November 13, 2024. The Company will hold a conference call to discuss its third-quarter 2024 financial results and fourth-quarter 2024 guidance on Wednesday, November 13, 2024, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). The call will be webcast and available through the Investor Relations section of Tower Semiconductor's website at https://ir.towersemi.com/, where the pre-registration form required for dia
- Tower Semiconductor Reports 2024 Second Quarter Financial ResultsMIGDAL HAEMEK, Israel, July 24, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the second quarter ended June 30, 2024. Second Quarter of 2024 Results Overview Revenue for the second quarter of 2024 was $351 million as compared to $327 million for the first quarter of 2024. Gross profit for the second quarter of 2024 was $87 million as compared to $73 million for the first quarter of 2024. Operating profit for the second quarter of 2024 was $55 million and included $6 million restructuring income, net associated with the previously disclosed reorganization and restructure of our Japan operations during 2022, as compared to $34 mill
- Tower Semiconductor Announces Second Quarter 2024 Financial Results and Conference CallMIGDAL HAEMEK, Israel – July 3, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its second quarter 2024 earnings release on Wednesday, July 24, 2024. The Company will hold a conference call to discuss its second-quarter 2024 financial results and third-quarter 2024 guidance on Wednesday, July 24, 2024, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at https://ir.towersemi.com/ or can also be accessed by calling the following nu
- Tower Semiconductor Reports 2024 First Quarter Financial ResultsMIGDAL HAEMEK, Israel, May 09, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the first quarter ended March 31, 2024. First Quarter of 2024 Results Overview Revenue for the first quarter of 2024 was $327 million as compared to $352 million for the fourth quarter of 2023. Revenue for the first quarter of 2023 was $356 million. Gross profit for the first quarter of 2024 was $73 million as compared to $84 million for the fourth quarter of 2023. Gross profit for the first quarter of 2023 was $96 million. Operating profit for the first quarter of 2024 was $34 million, as compared to $45 million in the fourth qua
- Tower Semiconductor Announces First Quarter 2024 Financial Results and Conference CallMIGDAL HAEMEK, Israel – April 24, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its first quarter 2024 earnings release on Thursday, May 9, 2024. The Company will hold a conference call to discuss its first quarter 2024 financial results and second quarter 2024 guidance on Thursday, May 9, 2024, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at https://ir.towersemi.com/ or can also be accessed by calling the following numbers
- Tower Semiconductor Reports 2023 Fourth Quarter and Full Year Financial ResultsMIGDAL 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 milli
- Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2023 Financial Results and Conference CallMIGDAL HAEMEK, Israel – January 24, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2023 earnings release on Wednesday, February 14, 2024. The Company will hold a conference call to discuss its fourth quarter and fiscal year 2023 financial results and first quarter 2024 guidance on Wednesday, February 14, 2024, at 10:30 a.m. Eastern Time (09:30 a.m. Central, 08:30 a.m. Mountain, 07:30 a.m. Pacific and 05:30 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at https://ir.towersemi.com/ or can
- Tower Semiconductor Reports 2023 Third Quarter Financial ResultsMIGDAL HAEMEK, Israel, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the third quarter ended September 30, 2023. Highlights Entered into a capacity corridor agreement with Intel, enabling Tower additional high-volume 12-inch capacity.Third quarter 2023 revenue of $358 million, as compared to $357 million for the second quarter of 2023.Net Profit for the third quarter of 2023 of $342 million, including $290 million net profit from the merger contract termination fee received from Intel. Mr. Russell Ellwanger, Chief Executive Officer of Tower Semiconductor, stated: "This past period has b
- Tower Semiconductor Announces Third Quarter 2023 Financial Results and Conference CallMIGDAL HAEMEK, Israel – October 23, 2023 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2023 earnings release on Monday, November 13, 2023. The Company will hold a conference call to discuss its third quarter 2023 financial results and fourth quarter 2023 guidance on Monday, November 13, 2023, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at https://ir.towersemi.com/ or can also be accessed by calling the follo
- Tower Semiconductor Announces Investor and Analyst Conference CallMIGDAL HAEMEK, Israel, August 17, 2023 – Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) today announced it will hold an Investor and Analyst conference call to discuss business, technology focus, and growth drivers, on Tuesday, September 5, 2023, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at www.towersemi.com or can also be accessed by calling the following numbers: U.S. Toll Free: 1-888-642-5032; Israel: 03-918-0610; International: +972-3-918-0610. The teleconference will be available for replay
- Tower Semiconductor Reports 2023 Second Quarter Financial ResultsMIGDAL HAEMEK, Israel, July 26, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the second quarter ended June 30, 2023. Second Quarter of 2023 Results Overview Revenue for the second quarter of 2023 was $357 million as compared with $356 million for the first quarter of 2023. Revenue for the second quarter of 2022 was $426 million. Gross profit for the second quarter of 2023 was $87 million as compared with $96 million for the first quarter of 2023. Gross profit for the second quarter of 2022 was $112 million. Operating profit for the second quarter of 2023 was $51 million, as compared with $89 million in the first quarter of 2023
- Tower Semiconductor Announces Second Quarter 2023 Earnings Release DateMIGDAL HAEMEK, Israel – July 10, 2023 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2023 earnings on Wednesday, July 26, 2023. In light of the previously announced transaction with Intel, Tower will not provide guidance for the third-quarter 2023 and will not host an earnings conference call. About Tower Semiconductor Tower Semiconductor Ltd. (NASDAQ:TSEM, TASE: TSEM))), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastruc
- Tower Semiconductor Reports 2023 First Quarter Financial ResultsMIGDAL HAEMEK, Israel, May 15, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the first quarter ended March 31, 2023. First Quarter of 2023 Results Overview Revenue for the first quarter of 2023 was $356 million. Revenue for the first quarter of 2022 was $421 million, and for the fourth quarter of 2022 was $403 million. Gross profit for the first quarter of 2023 was $96 million. Gross profit for the first quarter of 2022 was $105 million, and for the fourth quarter of 2022 was $125 million. Operating profit for the first quarter of 2023 was $89 million. Operating profit for the first quarter of 2022 was $63 million. This increase
- Tower Semiconductor Announces First Quarter 2023 Earnings Release DateMIGDAL HAEMEK, Israel – April 20, 2023 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its first quarter 2023 earnings on Monday, May 15, 2023. In light of the previously announced transaction with Intel, Tower will not provide guidance for the second-quarter 2023 and will not host an earnings conference call. About Tower Semiconductor Tower Semiconductor Ltd. (NASDAQ:TSEM, TASE: TSEM))), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, med
- Tower Semiconductor Reports 2022 Fourth Quarter and Full Year Financial ResultsFull Year Record Revenue of $1.68 Billion;Increased Profitability Resulting in 16% Net Margin for 2022 MIGDAL HAEMEK, Israel, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the fourth quarter and for the year ended December 31, 2022. Fourth Quarter of 2022 Results Overview Revenue for the fourth quarter of 2022 was $403 million, as compared to $412 million in the fourth quarter of 2021. Organic revenue for the fourth quarter of 2022, defined as total revenue excluding revenues from Nuvoton in the Japanese fabs and from Maxim in the San Antonio fab, increased by 6% year over year. Revenue for the third quarter of 2022 was $
- Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2022 Earnings Release DateMIGDAL HAEMEK, Israel – January 24, 2023 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2022 earnings on Thursday, February 16, 2023. In light of the previously announced transaction with Intel, Tower will not provide guidance for the first quarter 2023 and will not host an earnings conference call. About Tower Semiconductor Tower Semiconductor Ltd. (NASDAQ:TSEM, TASE: TSEM))), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automoti
- Tower Semiconductor Reports Third Quarter 2022 Record Revenue of $427 MillionMIGDAL HAEMEK, Israel, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the third quarter ended September 30, 2022. Third Quarter of 2022 Results Overview Revenue for the third quarter of 2022 was $427 million, as compared to $387 million in the third quarter of 2021, reflecting 10% revenue growth. Organic revenue grew by 22% year over year for the third quarter of 2022 (organic revenue defined as total revenue excluding revenues from (i) Nuvoton in the Japanese fabs and (ii) Maxim in the San Antonio fab). Revenue for the second quarter of 2022 was $426 million. Gross profit for the third quarter of 2022 was $125 million, 46
- Tower Semiconductor Announces Third Quarter 2022 Earnings Release DateMIGDAL HAEMEK, Israel – October 24, 2022 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its third quarter 2022 earnings on Monday, November 14, 2022. In light of the previously announced transaction with Intel, Tower will not provide guidance for the fourth quarter 2022 and will not host an earnings conference call. About Tower SemiconductorTower Semiconductor Ltd. (NASDAQ:TSEM, TASE: TSEM))), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure
- Tower Semiconductor Reports Second Quarter 2022 Record Revenue of $426 Million Year over Year Revenue Growth of 18% Total and 30% OrganicMIGDAL HAEMEK, Israel, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the second quarter ended June 30, 2022. Second Quarter of 2022 Results Overview Revenue for the second quarter of 2022 was $426 million, as compared to $362 million in the second quarter of 2021, reflecting 18% revenue growth. Organic revenue grew by 30% year over year for the second quarter of 2022 (organic revenue defined as total revenue excluding revenues from (i) Nuvoton in the Japanese fabs and (ii) Maxim in the San Antonio fab). Revenue for the first quarter of 2022 was $421 million. Gross profit for the second quarter of 2022 was $112
- Tower Semiconductor Announces Second Quarter 2022 Earnings Release DateMIGDAL HAEMEK, Israel – July 13, 2022 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2022 earnings on Tuesday, August 02, 2022. In light of the previously announced transaction with Intel, Tower will not provide guidance for the third-quarter 2022 and will not host an earnings conference call. About Tower Semiconductor Tower Semiconductor Ltd. (NASDAQ:TSEM, TASE: TSEM))), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure,
- Tower Semiconductor Reports First Quarter 2022 Record revenue of $421 Million, a 21 Percent Year over Year Revenue GrowthMIGDAL HAEMEK, Israel, May 16, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the first quarter ended March 31, 2022. First Quarter of 2022 Results Overview Revenue for the first quarter of 2022 was $421 million, as compared to $347 million in the first quarter of 2021, reflecting 21% revenue growth. Organic revenue for the first quarter of 2022, defined as total revenue excluding revenues from Nuvoton in the Japanese fabs and from Maxim in the San Antonio fab, grew by 29% year over year. Revenue for the fourth quarter of 2021 was $412 million. Gross profit for the first quarter of 2022 was $105 million, 50% higher than $70 million
- Tower Semiconductor Announces First Quarter 2022 Earnings Release DateMIGDAL HAEMEK, Israel – May 2, 2022 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its first-quarter 2022 earnings on Monday, May 16, 2022. In light of the previously announced transaction with Intel, Tower will not provide guidance for the second-quarter 2022, and will not host an earnings conference call. About Tower SemiconductorTower Semiconductor Ltd. (NASDAQ:TSEM, TASE: TSEM))), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, med
- Tower Semiconductor Reports 2021 Fourth Quarter and Full Year Financial ResultsMIGDAL HAEMEK, Israel, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the fourth quarter and for the year ended December 31, 2021. Fourth Quarter of 2021 Results Overview Revenue for the fourth quarter of 2021 was $412 million, as compared to $345 million and $387 million in the fourth quarter of 2020 and in the third quarter of 2021, respectively, reflecting 19% and 7% of revenue growth, respectively. Organic revenue for the fourth quarter of 2021, defined as total revenue excluding revenues from Nuvoton in the Japanese fabs and from Maxim in the San Antonio fab, grew by 28% year over year.Gross profit for the fourth quar
- Intel to Acquire Tower Semiconductor for $5.4 BillionAcquisition accelerates Intel's global, end-to-end foundry business. NEWS HIGHLIGHTS Transaction creates a globally diverse end-to-end foundry to help meet growing semiconductor demand and brings more value to customers across the nearly $100 billion addressable foundry market. Acquisition accelerates Intel's path to becoming a major provider of foundry services and capacity globally, now offering one of the industry's broadest portfolios of differentiated technology. Highly complementary transaction brings together Intel's leading-edge nodes and scale manufacturing with Tower Semiconductor's specialty technologies and customer-first approach to deliver leading technology and manufac
- Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2021 Financial Results and Conference CallMIGDAL HAEMEK, Israel – January 18, 2022 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2021 earnings release on Thursday, February 17, 2022. The Company will hold a conference call to discuss its fourth quarter and fiscal year 2021 financial results and its first-quarter 2022 revenue guidance on Thursday, February 17, 2022, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at https://ir.towersemi.c
- Tower Semiconductor Reports Record Revenues and Strong Margins GrowthThird quarter 2021 with 25% total and 40% organic year over year revenue growth Further Expansion Guided for Fourth Quarter Indicating over $1.6 Billion Annual Revenue Run Rate MIGDAL HAEMEK, Israel, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the third quarter ended September 30, 2021. Highlights Third quarter revenue of $387 million, reflecting another quarter of record revenue for the company, with year over year 40% organic growth and 25% total growth.Significant year over year (YoY) and quarter over quarter (QoQ) dollar increases in gross profit (60% YoY, 16% QoQ), operating profit (131% YoY, 30% QoQ), and net pr
- Tower Semiconductor Announces Third Quarter 2021 Financial Results and Conference CallMIGDAL HAEMEK, Israel – October 18, 2021 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2021 earnings release on Monday, November 08, 2021. The Company will hold a conference call to discuss its third quarter 2021 financial results and fourth quarter 2021 guidance on Monday, November 08, 2021, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time). This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor's website at www.towersemi.com or can also be accessed by calling the following numbe
- Tower Semiconductor Reports Second Quarter 2021 Record Revenues; Guides Third Quarter Further Strong Revenue GrowthMIGDAL HAEMEK, Israel, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ:TSEM, TASE: TSEM))) reports today its results for the second quarter ended June 30, 2021. Highlights Second quarter revenue of $362 million, reflecting record revenue for the company, with year over year 26% organic growth and 17% total growth.Significant year over year increases in gross profit, operating profit, and net profit.Guides mid-range revenue for the third quarter of 2021 of $385 million, demonstrating 24% year over year growth and 38% organic growth.Expanding the previously announced capacity expansion plan by an additional $100 million, to support continued increases in customers' demand for