Tower Semiconductor Q3 Earnings: Revenue And Profit Beat, Plans $350 Million Expansion
Tower Semiconductor Ltd (NASDAQ: TSEM) reported a fiscal third-quarter 2024 revenue growth of 3.4% year-on-year to $370.51 million, marginally beating the analyst consensus estimate of $370.33 million.
Top Wall Street Forecasters Revamp Tower Semiconductor Price Expectations Ahead Of Q3 Earnings
Analysts expect the Migdal Haemek, Israel-based company to report quarterly earnings at 53 cents per share, down from 54 cents per share in the year-ago period. Tower Semiconductor projects to report revenue of $370.32 million for the quarter, compared to $358.17 million a year earlier, according to data from Benzinga Pro.
Tower Semiconductor Earnings: Fantastic YTD Run, Looking For A Pullback
Tower Semiconductor is set to report Q3 '24 earnings on Nov. 13, with analysts predicting $0.53 EPS. Learn why I’ve downgraded TSEM stock to a hold for now.
Tower Semiconductor: Q3 Earnings Snapshot
MIGDAL HAEMEK, Israel (AP) — MIGDAL HAEMEK, Israel (AP) — Tower Semiconductor Ltd. (TSEM) on Wednesday reported earnings of $54.6 million in its third quarter. The Migdal Haemek, Israel-based company said it had profit of 49 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 57 cents per share.
Tower Semiconductor Forecasts Upbeat Q4 Revenue; Unveils $350 Million Investment Plan
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.
Tower Semiconductor price target raised to $60 from $55 at Benchmark
Benchmark raised the firm’s price target on Tower Semiconductor (TSEM) to $60 from $55 and keeps a Buy rating on the shares after the ...
Reuters1d
Tower Semiconductor forecasts upbeat Q4 revenue; unveils $350 mln investment plan
Nov 13 (Reuters) - Israeli contract chipmaker Tower Semiconductor (TSEM.TA), opens new tab forecast its fourth-quarter ...
Benzinga.com20h
Tower Semiconductor Analyst Raises Forecast On 'Aggressive AI-Levered Demand'
Tower Semiconductor reports sales of $371M and EPS of 57 cents, higher than consensus estimates. The company announces Q4 ...
Tower Semiconductor price target raised to $60 from $54 at Craig-Hallum
Craig-Hallum raised the firm’s price target on Tower Semiconductor (TSEM) to $60 from $54 and keeps a Buy rating on the shares. The firm ...
Insider Monkey on MSN19h
Tower Semiconductor Ltd. (NASDAQ:TSEM) Q3 2024 Earnings Call Transcript
Tower Semiconductor Ltd. (NASDAQ:TSEM) Q3 2024 Earnings Call Transcript November 13, 2024 Operator: Good morning, good ...
Tower Semiconductor Stock Soars 12.5% on Game-Changing Expansion and Record-Breaking Q3 Growth
Cutting-edge tech investments and robust financials position Tower as a leader in AI and next-gen communications.
Revolutionizing AI: The Tiny Tech Powering Brain-Like Computers
Researchers are developing atomically precise memristors for advanced neuromorphic computing systems. The University of ...
Tower Semiconductor Shares Pop 12% After Reporting Accelerating Demand
Shares of Tower Semiconductor rose Wednesday after the company guided for another quarter of revenue growth on strong demand from the data center market. The stock was up 13% to $48.80 in morning ...
Tower Semiconductor call volume above normal and directionally bullish
Bullish option flow detected in Tower Semiconductor (TSEM) with 9,512 calls trading, 3x expected, and implied vol increasing over 4 points to ...