The sentiment is generally positive with significant revenue growth and strategic capacity investments contributing to optimism. However, challenges such as the anticipated decline in RF mobile revenue and discrete business present headwinds. The company's diverse technology platforms and strong market share growth in silicon photonics and germanium offset these challenges.

Company Guidance

During the Tower Semiconductor Fourth Quarter and Fiscal Year 2024 Earnings Conference Call, the company reported an annual revenue of $1.44 billion and a net profit of $208 million. The fourth-quarter revenue was $387 million, marking a Q1 to Q4 revenue growth of 18% and a year-over-year growth of 10%. Guidance for Q1 2025 is projected at a midpoint of $385 million, plus or minus 5%, with anticipated 10% year-over-year growth. The company foresees overall year-over-year growth for 2025, driven by sequential quarter-over-quarter revenue increases, particularly in the second half of the year as capacity investments reach fruition. Key areas like RF Infrastructure and SiPho are targeted for significant growth, while RF Mobile may experience some decline, primarily due to conditions in the Android market. The company plans substantial investments, including $300 million in Intel's New Mexico fab and $350 million to expand 5G capacities, aiming for a long-term revenue target of $2.66 billion per annum.

Annual Revenue and Profit Growth

Concluded 2024 with an annual revenue of $1.44 billion and a net profit of $208 million. Achieved 18% revenue growth from Q1 to Q4 and 10% year-over-year growth for the fourth quarter.

Record RF Infrastructure Growth

RF Infrastructure revenue nearly doubled in 2024 to $241 million, and SiPho revenues more than tripled to $105 million.

Power Management and Discrete Revenue

Power management and discrete revenue was $426 million in 2024. Targeting growth in Power Management business unit in 2025 with advanced 300-millimeter platforms.

Strategic Capacity Investments

Committed to $300 million investment in New Mexico fab and $500 million in Agrate, Italy fab for capacity expansion, with $350 million for 5G capacity enhancement.

Silicon Photonics and Germanium Expansion

Silicon photonics gaining strong market share at 400G to 800G and entering volume production at 1.6T. Silicon germanium platform expected to continue growing in 2025.

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Tower (TSEM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSEM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 19, 2025	2025 (Q1)	0.38 / -	0.46	―	―	―
Feb 10, 2025	2024 (Q4)	0.53 / 0.59	0.55	7.27% (+0.04)
Nov 13, 2024	2024 (Q3)	0.54 / 0.57	0.54	5.56% (+0.03)
Jul 24, 2024	2024 (Q2)	0.45 / 0.53	0.46	15.22% (+0.07)
May 09, 2024	2024 (Q1)	0.39 / 0.46	0.64	-28.13% (-0.18)
Feb 14, 2024	2023 (Q4)	0.52 / 0.55	0.813	-32.35% (-0.26)
Nov 13, 2023	2023 (Q3)	0.48 / 0.54	0.679	-20.47% (-0.14)
Jul 26, 2023	2023 (Q2)	0.48 / 0.46	0.58	-20.69% (-0.12)	―	―
May 15, 2023	2023 (Q1)	0.47 / 0.64	0.546	17.22% (+0.09)	―	―
Feb 16, 2023	2022 (Q4)	0.57 / 0.81	0.55	47.82% (+0.26)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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TSEM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 10, 2025	$48.64	$46.96	-3.45%
Nov 13, 2024	$43.10	$48.42	+12.34%
Jul 24, 2024	$41.28	$43.03	+4.24%
May 09, 2024	$34.25	$36.44	+6.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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