Tower Semiconductor(TSEM) - 2024 Q1 - Quarterly Report

Tower Semiconductor Reports 2024 First Quarter Financial Results Reiterating Revenue Growth throughout the Year MIGDAL HAEMEK, ISRAEL – May 9, 2024 – 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 ...