Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
IsraelIPO:
26 October 1994Website:
http://towersemi.comNext earnings report:
N/ALast dividends:
24 September 1997Next dividends:
N/APrice
after hours | Wed, 20 Nov 2024 22:41:39 GMTDividend
Analysts recommendations
Institutional Ownership
TSEM Latest News
Tower Semiconductor Ltd TSEM tanked in trading on Thursday, after the company reported upbeat third-quarter results.
Tower Semiconductor Ltd. (NASDAQ:TSEM ) Q3 2024 Results Conference Call November 13, 2024 10:00 AM ET Company Participants Noit Levi - Senior Vice President of Investor Relations and Corporate Communications Russell Ellwanger - Chief Executive Officer Oren Shirazi - Chief Financial Officer, Senior Vice President of Finance Conference Call Participants Mehdi Hosseini - SIG Cody Acree - Benchmark Richard Shannon - Craig Hallum Nick Doyle - Needham & Company Lisa Thompson - ZACKS Investment Research Operator Good morning, good afternoon, ladies and gentlemen, and thank you for standing by.
Israeli contract chipmaker Tower Semiconductor forecast its fourth-quarter revenue above estimates on Wednesday, driven by a recovery in demand for its chips, and said it plans to invest $350 million to expand capacities.
2024 Fourth Q uarter Revenue Guidance Completes Year of Quarter Over Quarter Growth
Tower Semiconductor Ltd. TSEM will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 13.
Tower Semiconductor Ltd. is expected to report Q3 '24 earnings on November 13th, with analysts predicting $0.53 and $0.47 EPS on $370M in sales. I am downgrading the company to a hold due to slow revenue growth, and will consider adding shares if there's a pullback. Key segments to watch include RF infrastructure, SiGe technology, and Silicon Photonics, with a particular focus on AI-related growth potential.
MIGDAL 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).
Tower Semiconductor (TSEM) is a specialty pure-play foundry offering customizable process technologies and poised to benefit from the AI boom due to its flexibility and strong financial position. TSEM reported strong sequential growth in Q2 2024, driven by surging demand in RF infrastructure and mobile business, along with significant growth in silicon photonics. The company boasts a robust balance sheet with a strong debt-to-equity ratio, manageable debt, and a current asset ratio of 5.9, reflecting its solid financial position amid growing demand.
Israel's Tower Semiconductor and Adani Group will invest 839.47 billion rupees ($10.01 billion) for a semiconductor project in India's western state of Maharashtra, its chief minister said in a post on X on Thursday.
MIGDAL 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).
- 1(current)
What type of business is Tower Semiconductor?
Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
What sector is Tower Semiconductor in?
Tower Semiconductor is in the Technology sector
What industry is Tower Semiconductor in?
Tower Semiconductor is in the Semiconductors industry
What country is Tower Semiconductor from?
Tower Semiconductor is headquartered in Israel
When did Tower Semiconductor go public?
Tower Semiconductor initial public offering (IPO) was on 26 October 1994
What is Tower Semiconductor website?
https://towersemi.com
Is Tower Semiconductor in the S&P 500?
No, Tower Semiconductor is not included in the S&P 500 index
Is Tower Semiconductor in the NASDAQ 100?
No, Tower Semiconductor is not included in the NASDAQ 100 index
Is Tower Semiconductor in the Dow Jones?
No, Tower Semiconductor is not included in the Dow Jones index
When was Tower Semiconductor the previous earnings report?
No data
When does Tower Semiconductor earnings report?
Next earnings report date is not announced yet