Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024)

Tower Semiconductor has disclosed Restructuring Costs across 8 years of filings, most recently posting -$6.3 million for Q2 2024.

• In Q2 2024, Restructuring Costs fell 669.48% year-over-year to -$6.3 million; the TTM figure through Dec 2024 stood at $45.9 million (up 260.1% YoY), while the FY2024 annual figure was -$6.3 million, down 131.89% from the prior year.
• Restructuring Costs slipped to -$6.3 million in Q2 2024, from $52.2 million in the prior quarter.
• Over the last five years, Restructuring Costs for TSEM reached as high as $52.2 million in Q4 2023 and fell as low as -$50.3 million in Q3 2023.
• The 3-year median for Restructuring Costs is -$6.3 million (2024), against an average of -$6.4 million.
• The widest YoY moves for Restructuring Costs: up 483.81% in 2023, down 1346.76% in 2023.
• A 3-year view of Restructuring Costs shows it stood at -$13.6 million in 2022, then surged by 483.81% to $52.2 million in 2023, then plunged by 112.02% to -$6.3 million in 2024.
• According to Business Quant data, Restructuring Costs over the past three periods registered -$6.3 million, $52.2 million, and -$50.3 million for Q2 2024, Q4 2023, and Q3 2023 respectively.