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Tower Semiconductor Ltd. (TSEM)

- NASDAQ
  • Wed, Aug. 5, 6:10 PM
    • TowerJazz (NASDAQ:TSEM) rallied to $13.93 today after beating Q2 estimates with the help of strong demand from RF front-end module (e.g. Skyworks), image sensor (e.g. Himax), and power management IC clients. Q3 revenue guidance of $244M is below a $247.5M consensus, but a soft forecast was expected after a long list of chipmakers provided light guidance in recent weeks.
    • Q2 Y/Y organic growth (excludes Micron and Panasonic) was 35%. Gross margin (non-GAAP) rose to 37% from Q1's 36% and Q2 2014's 27%. The Israeli specialty foundry ended Q2 with $150M in net debt.
    • Q2 results, PR
    | Wed, Aug. 5, 6:10 PM | Comment!
  • Wed, Aug. 5, 5:37 AM
    • Tower Semiconductor (NASDAQ:TSEM): Q2 EPS of $0.70 beats by $0.18.
    • Revenue of $235.56M (+0.6% Y/Y) beats by $0.86M.
    • Press Release
    | Wed, Aug. 5, 5:37 AM | Comment!
  • Wed, May 13, 2:08 PM
    • On top of beating Q1 estimates, TowerJazz (NASDAQ:TSEM) has guided for Q2 revenue of $235M (+/- 5%), above a $233.2M consensus at the midpoint. With shares up 90% from their October low going into earnings and major client Skyworks having provided strong results/guidance, expectations were somewhat high.
    • Q1 organic Y/Y revenue growth (takes the Panasonic JV deal into account) was 33%; it was 71% overall. Photomasks entering the Israeli specialty foundry's fabs rose 37% (45% inc. the Panasonic JV). Gross margin rose to 36% from 34% a year ago, and operating expenses 73% to $29.4M. Net debt stood at $162M at quarter's end.
    • Q1 results, PR
    | Wed, May 13, 2:08 PM | 8 Comments
  • Wed, May 13, 5:42 AM
    • Tower Semiconductor (NASDAQ:TSEM): Q1 EPS of $0.78 beats by $0.29.
    • Revenue of $226.22M (+70.5% Y/Y) beats by $1.02M.
    • Shares +3.11% PM.
    • Press Release
    | Wed, May 13, 5:42 AM | Comment!
  • Mon, Feb. 23, 9:43 AM
    • In addition to soundly beating Q4 EPS estimates (and slightly beating on revenue), TowerJazz (TSEM +13.1%) is guiding for Q1 revenue of $225M (+/- 5%), good for 70% Y/Y growth and above a $224M consensus at the midpoint. The specialty foundry also says it aims to "achieve annualized non-GAAP gross profit in [Q4 2015] of about $400 million."
    • Driving the EPS beat: Gross margin rose to 36% from 30% in Q3 and 34% a year ago. R&D spend rose 76% Y/Y to $13.7M, and MG&A spend 40% to $14.6M (compares with 75% revenue growth).
    • Organic revenue growth was 23%. Revenue from "organic" top-10 customers (excludes Micron and Panasonic) rose 32% Y/Y. TowerJazz ended 2014 with $187M in cash, and $387M in debt.
    • Shares are back withing $2 of a 52-week high of $16.59.
    • Q4 results, PR
    | Mon, Feb. 23, 9:43 AM | Comment!
  • Mon, Feb. 23, 5:50 AM
    • Tower Semiconductor (NASDAQ:TSEM): Q4 EPS of $0.83 beats by $0.25.
    • Revenue of $235.29M (+74.8% Y/Y) beats by $0.31M.
    • Shares +6.87% PM.
    • Press Release
    | Mon, Feb. 23, 5:50 AM | 18 Comments
  • Nov. 13, 2014, 6:20 AM
    • Tower Semiconductor (NASDAQ:TSEM): Q3 EPS of $0.58 beats by $0.25.
    • Revenue of $226M (+69.9% Y/Y) in-line.
    • Press Release
    | Nov. 13, 2014, 6:20 AM | Comment!
  • Aug. 4, 2014, 5:55 AM
    • Tower Semiconductor (NASDAQ:TSEM): Q2 EPS of $0.62 beats by $0.20.
    • Revenue of $234.1M (+86.9% Y/Y) beats by $5.27M.
    • Press Release
    | Aug. 4, 2014, 5:55 AM | Comment!
  • Feb. 27, 2014, 6:01 AM
    • Tower Semiconductor Ltd. (TSEM): Q4 EPS of $0.34 beats by $0.06.
    • Revenue of $134.6M (-8.8% Y/Y) misses by $4.6M.
    • Press Release
    | Feb. 27, 2014, 6:01 AM | Comment!
  • Nov. 6, 2013, 5:54 AM
    • TowerJazz (TSEM): Q3 EPS of $0.22 misses by $0.15.
    • Revenue of $132.6M (+6% Y/Y) misses by $2.7M. (PR)
    | Nov. 6, 2013, 5:54 AM | Comment!
  • Aug. 8, 2013, 6:03 AM
    • Tower Semiconductor (TSEM): Q2 EPS of $0.47 beats by $0.3.
    • Revenue of $125M misses by $1.2M. (PR)
    | Aug. 8, 2013, 6:03 AM | Comment!
  • Aug. 9, 2012, 5:46 AM
    Tower Semiconductor (TSEM): Q2 EPS of $2.08 beats by $0.66. Revenue of $168.6M (+21% Y/Y) beats by $30M. (PR)
    | Aug. 9, 2012, 5:46 AM | Comment!
  • May 17, 2012, 6:17 AM
    Tower Semiconductor (TSEM): Q1 EPS of $0.06 misses by $0.03. Revenue of $168M (+39% Y/Y) misses by $4M. (PR)
    | May 17, 2012, 6:17 AM | Comment!
  • Feb. 16, 2012, 7:27 AM
    Tower Semiconductor (TSEM): Q4 EPS of -$0.05 may not be comparable to consensus of $0.10. Revenue of $174.6M (+29.2% Y/Y). (PR)
    | Feb. 16, 2012, 7:27 AM | Comment!
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Company Description
Tower Semiconductor Ltd is apure-play independent specialty foundry dedicated to the manufacture of semiconductors.Itmanufactures ICs on silicon wafers, using the customer's proprietary circuit designs.