Tower Semiconductor Ltd. reported fourth-quarter FY21 revenue growth of 19 percent year-on-year to $412.1 million, missing the consensus of $430.2 million. It posted a 28 percent organic growth.
The gross profit was $100 million, up 44 percent Y/Y.
Tower Semiconductor Clocks 19 Percent Revenue Growth in Q4
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A logo of the Israeli manufacturer of semiconductors and integrated circuits Tower Semiconductor at its headquarter in San Antonio, Texas, in December 2021. Google Maps/Screenshot via The Epoch Times
By Benzinga
Updated:
