Tower Semiconductor (TSEM) Tops Q3 EPS by 4c

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Tower Semiconductor Reports Record Revenues and Strong Margins Growth

November 8, 2021 7:03 AM EST

Third 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... More