Business Context and Reporting Period
Company: Tower Semiconductor Ltd. (Trading as TowerJazz)
Filing Type: Form 6-K
Date: April 21, 2015
Context: This filing announces the scheduled release of First Quarter 2015 financial results and a subsequent conference call. TowerJazz operates as a global specialty foundry leader with manufacturing facilities in Israel, the U.S., and Japan (via TowerJazz Panasonic Semiconductor Co.).
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document serves as a notice of an upcoming earnings announcement rather than a report of finalized financial data.
Material Changes
No material changes to financial performance are reported in this text, as the actual Q1 2015 results have not yet been released.
Guidance, Outlook, and Management Commentary
- Earnings Release Date: Wednesday, May 13, 2015.
- Conference Call: Scheduled for Wednesday, May 13, 2015, at 10:00 a.m. Eastern Time. Management will discuss Q1 2015 results and provide guidance for the Second Quarter 2015.
- Investor Conference: Management will present at the 16th Annual B. Riley Investor Conference on Thursday, May 14, 2015, in Los Angeles, California.
- Key Personnel: Dr. Marco Racanelli (SVP and GM of RF/High Performance Analog and Power Business Groups) will be available for one-on-one meetings at the B. Riley Conference.
Key Facts for Investor Verification
- Verify the actual Q1 2015 financial results when released on May 13, 2015.
- Review the Q2 2015 guidance provided during the May 13 conference call.
- Confirm the operational status of the joint venture with Panasonic Corporation (TPSCo) regarding 45nm CMOS and image sensor technologies.
- Monitor the company's website (ir.towerjazz.com) for the webcast replay of the earnings call.