Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024)
Tower Semiconductor (TSEM) posted quarterly 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 reported Restructuring Costs for 8 consecutive years, with -$6.3 million the latest figure, recorded in 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 eased to -$6.3 million in Q2 2024 per TSEM's latest filing, from $52.2 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $52.2 million in Q4 2023 and bottomed at -$50.3 million in Q3 2023.
- Historically, Restructuring Costs has averaged -$6.4 million across 3 years, with a median of -$6.3 million in 2024.
- On a YoY basis, Restructuring Costs climbed as much as 483.81% in 2023 and fell as far as 1346.76% in 2023.
- Tower Semiconductor's Restructuring Costs stood at -$13.6 million in 2022, then soared by 483.81% to $52.2 million in 2023, then tumbled 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 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn |
| 10 | Tower Semiconductor | 25.17 Bn | 23.69 Bn | 137.77 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 |
| Sep 30, 2022 | 4.03 Mn |
| Mar 31, 2016 | -627,000.00 |
| Dec 31, 2015 | -991,000.00 |
| Jun 30, 2014 | 4.27 Mn |
| Mar 31, 2014 | 1.23 Mn |
| Jun 30, 2012 | 5.79 Mn |
| Jun 30, 2011 | 1.49 Mn |