FINANCIAL HIGHLIGHTS

Q2 2017 Financial Results Highlights

Quarterly Revenues with Strong Year over Year Growth

* mid-range guidance

Strong and continuous revenue growth

  • Record revenues         
  • Quarterly revenues of $345 million (13% YoY growth)
  • Q3 mid-range guidance of $355 million

Substantial net profit and margins increase

  • Record EBIDTA of $108 million, up 24% year over year
  • Net profit of $50 million, up 30% year over year

Strong Balance Sheet and Financial Ratios

  • Increased cash and short-term deposits to $484 million
  • Record shareholders equity of $814 million (as of June 30, 2017), as compared to $683 million (as of Dec’31, 2016)

Tower Semiconductor websites place cookies on your device to give you the best user experience. By using our websites, you agree to the placement of these cookies. Click to Learn more