Tower Semiconductor Shares Fall on Q2 Revenue Decline: Details
Tower Semiconductor Shares Fall on Q2 Revenue Decline: Details
Tower Semiconductor Ltd (NASDAQ:TSEM) reported a fiscal second-quarter 2024 revenue decline of 1.7% year-on-year to $351.2 million, beating the analyst consensus estimate of $350.1 million.
Tower Semiconductor有限公司（納斯達克股票代碼：TSEM）報告稱，截至2024財年第二季度的營業收入同比下降1.7％至3,512萬美元，超過了分析師共識預估的3,501萬美元。
The Israel-based contract chipmaker's adjusted EPS of $0.53 beat the analyst consensus estimate of $0.45.
這家總部位於以色列的代工芯片製造商的調整後每股收益爲0.53美元，超過了分析師共識預估的0.45美元。
Gross profit was $86.9 million, up 0.5% Y/Y. The margin improved by 53 bps to 24.8%. Operating profit of $55.1 million climbed 9% Y/Y.
毛利潤爲86.9百萬元，同比增長0.5％。利潤率提高了53個點子，至24.8％。營業利潤爲550.1百萬元，同比增長9％。
The company generated $113 million in operating cash flow and held $1.23 billion in cash and equivalents as of June-end.
截至六月末，該公司的經營現金流爲1.13億美元，持有現金和等價物12.3億美元。
Outlook: Tower Semiconductor expects third-quarter revenue of $370 million, with an upward or downward range of 5% versus the $369.9 million consensus.
展望未來：Tower Semiconductor預計第三季度營收爲3,7000萬美元，上下波動區間爲5％，相對於3,6990萬美元的共識預估。
Tower Semiconductor has been asked by the Indian government to revise its chip fabrication unit proposal to include a technology partner offering advanced nodes for manufacturing, Economic Times reported in May.
《經濟時報》在5月份報道稱，印度政府已要求以色列製造商Tower Semiconductor修改其芯片製造部分計劃，以包括提供先進節點的技術合作夥伴。
The government prefers Tower Semiconductor to focus on 28 nm, 40 nm, 55 nm, and 65 nm nodes instead of just the proposed 180 nm node plan.
政府希望Tower Semiconductor集中於28納米、40納米、55納米和65納米節點，而不僅僅是提出的180納米節點計劃。
Tower Semiconductor has submitted an $8-10 billion proposal for a unit in India, potentially making it one of their largest, but faces legal challenges following the fallout with joint venture partner Next Orbit Ventures.
Tower Semiconductor已經爲其在印度的一家單位提交了一個80-100億美元的提案，這可能使它成爲其最大的提案之一，但是在與聯合創業夥伴Next Orbit Ventures的矛盾後，它面臨着法律挑戰。
Tower Semiconductor stock gained 18% in the last 12 months.
在過去的12個月中，Tower Semiconductor的股價上漲了18％。
TSEM Stock Prediction 2024
TSEm股票預測2024
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
股權研究是了解公司基本面的寶貴來源。分析師們基於公司的基本面和預期的未來收益創建財務模型，以得出股票的價格目標和建議。
Shares of Tower Semiconductor have an average 1-year price target of $49.67, representing an expected upside of 20.31%.
Tower Semiconductor的股票平均一年價格目標爲49.67美元，預計上漲20.31％。
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Tower Semiconductor, while 3 analysts have bullish ratings. The street high price target from Susquehanna is $55.0, while the street low from Craig-Hallum is $44.0.
由於假設不同，分析師可以得出非常不同的價格目標和建議。沒有分析師對Tower Semiconductor持看淡的建議，但有3個分析師持看好的評級。Susquehanna的街頭高價目標爲55.0美元，而Craig-Hallum的街頭低價目標爲44.0美元。
TSEM Price Action: Tower Semiconductor shares traded lower by 2.46% at $40.27 premarket at the last check Wednesday.
TSEm股價動態：截至上週三的最後一次檢查，Tower Semiconductor股價在盤前交易中下跌2.46％，交易於40.27美元。
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圖片來自shutterstock。