Business Context and Reporting Period
Tower Semiconductor Ltd. (TowerJazz), a global specialty foundry leader, filed this Form 6-K on July 5, 2018. The filing serves as an announcement regarding the upcoming release of financial results for the second quarter of 2018.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a preliminary announcement and does not contain the actual financial data for the period.
Material Changes
No material changes or comparative financial data versus prior periods are included in this filing.
Guidance, Outlook, and Management Commentary
The company announced it will issue its second quarter 2018 earnings release and provide third quarter 2018 guidance on Thursday, July 26, 2018. A conference call to discuss these results and guidance is scheduled for the same day at 10:00 a.m. Eastern Time. The call will be webcasted and available for replay for 90 days.
Key Facts for Investor Verification
- Actual Q2 2018 financial results are not yet released; the official earnings release is scheduled for July 26, 2018.
- Third quarter 2018 guidance will be provided during the July 26, 2018 conference call.
- The company operates manufacturing facilities in Israel, the U.S., and Japan across 150mm, 200mm, and 300mm wafer sizes.
- Investors should verify the final earnings numbers and guidance once the July 26, 2018 release is published.