TECH - Tower Semiconductor's Q3 Revenue Falls But Still Focuses on Growth Tech Advancements Despite Challenges | Benzinga
Tower Semiconductor Ltd (NASDAQ: TSEM) reported a third-quarter FY23 revenue decline of 16.1% year-on-year to $358.2 million, missing the consensus of $358.6 million.
The high-value analog semiconductor solutions foundry's EPS of $0.54 beat the consensus of $0.50.
Gross profit was $86.9 million, down by 30.2% Y/Y.
Adjusted operating profit of $48.7 million compared to ...