Tower Semiconductor Ltd. Reports 9% Increase in Q1 2025 Revenue, Maintains Stable Gross and Operating Profits

Reuters
05-14
Tower Semiconductor Ltd. Reports 9% Increase in Q1 2025 Revenue, Maintains Stable Gross and Operating Profits

Tower Semiconductor Ltd. has announced its financial results for the first quarter of 2025, reporting revenues of $358 million, a 9% increase compared to $327 million in the same period of 2024. The company's gross profit for the quarter stood at $73 million, consistent with the previous year's first quarter, while operating profit was slightly lower at $33 million compared to $34 million in 2024. The company has also provided guidance for the second quarter of 2025, projecting revenues of $372 million with a possible variation of 5%. This forecast reflects an anticipated 6% year-over-year revenue growth. Tower Semiconductor remains optimistic about continued quarter-over-quarter revenue growth throughout 2025. Significant business developments include record revenue achievements in RF infrastructure, which encompasses SiPho and SiGe technologies. The company is targeting further growth in these areas, as well as in its high voltage 200mm power management and sensors business. Additionally, Tower Semiconductor has entered the envelope tracker market using its 300mm technology platform. Despite geopolitical uncertainties, the company is confident in its strategic growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tower Semiconductor Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-001777), on May 14, 2025, and is solely responsible for the information contained therein.

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