Tower Semiconductor (TSEM) Divestments (2022 - 2023)

Tower Semiconductor has disclosed Divestments across 7 years of filings, most recently posting $275.9 million for Q4 2023.

• In Q4 2023, Divestments rose 4338.26% year-over-year to $275.9 million; the TTM figure through Dec 2023 stood at $1.9 million (up 102.33% YoY), while the FY2023 annual figure was $1.9 million, down 83.47% from the prior year.
• Divestments climbed to $275.9 million in Q4 2023, from -$318.5 million in the prior quarter.
• Over the last five years, Divestments for TSEM reached as high as $275.9 million in Q4 2023 and fell as low as -$318.5 million in Q3 2023.
• The 5-year median for Divestments is -$31.7 million (2019), against an average of -$34.7 million.
• The widest YoY moves for Divestments: up 4338.26% in 2023, down 5923.68% in 2023.
• A 5-year view of Divestments shows it stood at -$87.5 million in 2019, then declined by 22.32% to -$107.1 million in 2020, then surged by 55.85% to -$47.3 million in 2021, then jumped by 113.15% to $6.2 million in 2022, then surged by 4338.26% to $275.9 million in 2023.
• According to Business Quant data, Divestments over the past three periods registered $275.9 million, -$318.5 million, and $42.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.