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NASDAQ:TSEM

Tower Semiconductor Q2 2023 Earnings Report

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$47.05 +3.38 (+7.74%)
Closing price 03:58 PM Eastern
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$46.56 -0.49 (-1.04%)
As of 04:43 PM Eastern
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Tower Semiconductor EPS Results

Actual EPS
$0.46
Consensus EPS
$0.43
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.53

Tower Semiconductor Revenue Results

Actual Revenue
$357.19 million
Expected Revenue
$354.04 million
Beat/Miss
Beat by +$3.15 million
YoY Revenue Growth
-16.20%

Tower Semiconductor Announcement Details

Quarter
Q2 2023
Time
Before Market Opens
Conference Call Date
Wednesday, July 26, 2023
Conference Call Time
7:00AM ET

Upcoming Earnings

Tower Semiconductor's Q2 2025 earnings is scheduled for Wednesday, July 23, 2025, with a conference call scheduled on Thursday, July 24, 2025 at 12:30 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Earnings Documents

Tower Semiconductor Earnings Headlines

TSEM Tower Semiconductor Ltd. - Seeking Alpha
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About Tower Semiconductor

Tower Semiconductor (NASDAQ:TSEM) Ltd (NASDAQ: TSEM) is a global specialty foundry that provides differentiated analog semiconductor process technologies to fabless and fab-lite customers. The company focuses on high-value solutions such as RF and mmWave, mixed-signal, high-voltage CMOS, power management, CMOS image sensors, silicon photonics and MEMS. Tower’s manufacturing capabilities span both prototype volumes and high-volume production runs, enabling a seamless path from design to mass production.

Tower’s comprehensive technology portfolio covers feature sizes from 150 nanometers down to 22 nanometers, supporting applications in automotive electronics, 5G communications infrastructure, industrial controls, medical instrumentation, aerospace and defense, Internet of Things devices and advanced imaging systems. In addition to wafer fabrication, the company offers design collaboration, process development services, wafer testing, packaging and assembly, helping customers accelerate time-to-market and optimize device performance.

Founded in 1993 and headquartered in Migdal Haemek, Israel, Tower Semiconductor has built a global footprint with manufacturing facilities and R&D centers in North America, Europe and Asia. Its primary wafer fabs in Israel serve as the backbone of its operations, while strategic partnerships and satellite sites in the United States, United Kingdom and Japan expand its capacity and regional support. Over the years, Tower has grown through both greenfield investments and targeted acquisitions, forging long-term relationships with leading semiconductor designers worldwide.

The company is guided by an experienced executive management team with deep expertise in semiconductor engineering, manufacturing operations and customer engagement. Tower’s leadership emphasizes operational excellence, process reliability and strategic collaboration with its global customer base and academic research partners. This focus on innovation and partnership enables Tower Semiconductor to deliver customized analog foundry solutions that address evolving market requirements across multiple industries.

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