August 5, 2014 | Israeli company Tower Semiconductor published its results for the second financial quarter, noting a revenue of $234 million, up 76 percent from the previous quarter and 87 percent more than the corresponding quarter in 2013. On a non-GAAP basis, Tower made a profit of $31 million, with both the revenue and the profits beating the consensus analysts’ estimates. Founded in 1993, Tower Semiconductor and its US subsidiary Jazz Semiconductor manufactures semiconductors and integrated circuits for the electronics industry and is publicly traded on NASDAQ and TA-100.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
UK Adopts Israeli Counter-Drone Technology
April 25, 2024
Top Tel Aviv Hospital Using AI In Neurological Therapy
April 18, 2024
Facebook comments