Tower Semiconductor (TSEM) Tops Q1 EPS by 6c, Offers Guidance
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Tower Semiconductor Reports 2024 First Quarter Financial Results
May 9, 2024 7:01 AM EDTMIGDAL 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... More
