Tower Semiconductor Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/04 11:12- Tower Semiconductor's November 3, 2026, third-quarter earnings call featured CEO Russell Ellwanger, CFO Oren Shirazi and President Marco Racanelli.
- Quarterly revenue reached $526 million; net profit rose to $120 million from $54 million a year earlier.
- Fourth-quarter revenue guidance centers on $600 million; management expects continued growth in the first quarter of 2027 rather than typical seasonal weakness.
- Silicon photonics capacity targeted for third-quarter production starts could support a $2.85 billion-$2.9 billion annual revenue run rate, excluding integrated lasers.
- Customer capacity commitments extend through 2029; management expects full payback within one year on its $920 million expansion investment.
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