Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024)
Tower Semiconductor (TSEM) reported Restructuring Costs of -$6.3 million for 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.
Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024) Analysis & Trends
Tower Semiconductor (TSEM) has 6 years of Restructuring Costs data on file, last reported at -$6.3 million in Q2 2024.
- Restructuring Costs for Q2 2024 came in at -$6.3 million, down 669.48% year-over-year; the trailing twelve-month figure through Dec 2024 was $45.9 million (up 260.1% YoY), and the FY2024 annual result was -$6.3 million, down 131.89% from the prior year.
- Restructuring Costs fell to -$6.3 million in Q2 2024 per TSEM's latest filing, 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 -$8.1 million and a median of -$9.9 million in 2022 frame the typical range for Restructuring Costs.
- The sharpest annual moves came in 2023 and 2024: Restructuring Costs surged 483.81% in 2023, then plunged 669.48% in 2024.
- 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 slumped by 112.02% to -$6.3 million in 2024.
- Business Quant data shows TSEM's Restructuring Costs at -$6.3 million in Q2 2024, $52.2 million in Q4 2023, and -$50.3 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn |
| 10 | Tower Semiconductor | 166.58 | -1.50 Bn | 110.95 Mn |
Historic Data
Download 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 |
| Mar 31, 2014 | 1.23 Mn |
| Jun 30, 2012 | 5.79 Mn |
| Jun 30, 2011 | 1.49 Mn |