Tower Semiconductor Q3: $53.6M Profit, $44M Revenue Forecast
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Tower Semiconductor, a prominent Israeli chipmaker, reported a net income of $53.6 million for Q3, translating to $0.47 per share. After adjusting for stock options, earnings per share rose to $0.55. The companys revenue reached $395.7 million, and it forecasts $440 million for the current quarter, indicating a positive outlook.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
