Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024)
Tower Semiconductor's (TSEM) quarterly Restructuring Costs came in at -$6.3 million in Q2 2024, down 669.48% year-over-year from $1.1 million in Q3 2023, and down 112.02% quarter-over-quarter from $52.2 million in Q4 2023.
Analysis
Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024) Analysis & Trends
Tower Semiconductor (TSEM) has reported Restructuring Costs for 8 consecutive years, with -$6.3 million the latest figure, recorded in Q2 2024.
- On a quarterly basis, Restructuring Costs fell 669.48% year-over-year to -$6.3 million in Q2 2024; TTM through Dec 2024 was $45.9 million, a 260.1% increase from a year earlier, with the FY2024 full-year figure at -$6.3 million, down 131.89% from the prior year.
- Restructuring Costs was -$6.3 million for Q2 2024 at Tower Semiconductor, down from $52.2 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $52.2 million in Q4 2023 and troughed at -$50.3 million in Q3 2023.
- A 3-year average of -$6.4 million and a median of -$6.3 million in 2024 frame the typical range for Restructuring Costs.
- The widest YoY moves for Restructuring Costs: up 483.81% in 2023, down 1346.76% in 2023.
- Over 3 years, Restructuring Costs stood at -$13.6 million in 2022, then jumped by 483.81% to $52.2 million in 2023, then tumbled by 112.02% to -$6.3 million in 2024.
- The last three Restructuring Costs figures came in at -$6.3 million (Q2 2024), $52.2 million (Q4 2023), and -$50.3 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn |
| 10 | Tower Semiconductor | 23.80 Bn | 22.32 Bn | 137.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -6.27 Mn |
| Dec 31, 2023 | 52.17 Mn |
| Sep 30, 2023 | -50.28 Mn |
| Jun 30, 2023 | 1.10 Mn |
| Mar 31, 2023 | -31.66 Mn |
| Dec 31, 2022 | -13.59 Mn |
| Sep 30, 2022 | 4.03 Mn |
| Mar 31, 2016 | -627,000.00 |
| Dec 31, 2015 | -991,000.00 |
| Dec 31, 2014 | -20.23 Mn |
| Jun 30, 2014 | 4.27 Mn |
| Mar 31, 2014 | 71.46 Mn |
| Jun 30, 2012 | 5.79 Mn |
| Jun 30, 2011 | 1.49 Mn |