Financial Performance - Revenues for Q4 2024 were 387million,a587 million, up from 84millioninQ42023[3]−OperatingprofitforQ42024was46 million, compared to 45millioninQ42023[3]−NetprofitforQ42024was55 million, with earnings per share of 0.49,consistentwithQ42023[4]−Fullyear2024revenueswere1.44 billion, with a net profit of 208million,or1.87 per share, compared to 1.42billionand518 million, or 4.70pershare,in2023[5][23]CashFlowandInvestments−CashflowfromoperatingactivitiesforQ42024was101 million, while investments in property and equipment were 93million[4][6]−Forthefullyear2024,cashflowfromoperatingactivitieswas449 million, with net investments in property and equipment totaling 432million[6][29]StrategicDevelopments−Thecompanydiscontinuedlowermarginlegacy150mmflowsinFab1duringQ42024,transferringstrategicflowstotheFab2200mmfactorytoenhanceefficiency[7]−ThecompanyprojectsQ12025revenuestobe358 million, indicating a potential 10% year-over-year growth [8] Management Commentary - The CEO expressed satisfaction with the company's progress in launching differentiated platforms and emphasized a focus on sustainable growth and customer innovation [9]
Tower Semiconductor(TSEM) Newsfilter·2025-02-10 12:00