Business Context and Reporting Period
Company: Tower Semiconductor Ltd. (NASDAQ: TSEM)
Filing Type: Form 6-K
Date: October 18, 2021
Reporting Period: Third Quarter 2021 (Q3 2021)
This filing serves as an advance notice that Tower Semiconductor will issue its Q3 2021 earnings release and hold a conference call on November 8, 2021. The company operates as a leading foundry for high-value analog semiconductor solutions, serving markets including consumer, industrial, automotive, and aerospace. It maintains manufacturing facilities in Israel, the U.S., Japan, and a shared facility in Italy.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural announcement regarding the timing of the earnings release rather than the financial report itself.
Material Changes
No material changes or comparative financial data versus prior periods are included in this filing. The document does not contain historical performance metrics.
Guidance, Outlook, and Management Commentary
- Earnings Release Date: Monday, November 8, 2021.
- Conference Call: Scheduled for November 8, 2021, at 10:00 a.m. Eastern Time.
- Topics to be Discussed: Third quarter 2021 financial results and fourth quarter 2021 guidance.
- Access: The call will be webcasted via the company website and available by telephone replay for 90 days.
Investor Verification Checklist
- Verify the actual Q3 2021 revenue and net income figures when the earnings release is published on November 8, 2021.
- Confirm the specific Q4 2021 guidance provided during the conference call.
- Review the full earnings release for details on gross margins and operating expenses not present in this notice.
- Check for any updates on the 300mm facility in Italy or capacity utilization rates during the upcoming call.