MIGDAL HAEMEK, Israel, Feb. 22, 2018 (GLOBE NEWSWIRE) -- TowerJazz (NASDAQ:TSEM) (TASE:TSEM) reported today its results for the fourth quarter and full year ended December 31, 2017.
Highlights of the Full Year 2017:
Record revenues of $1.39 billion, up 11% year over year;
Organic revenues up 23% year over year.
Record EBITDA of $425 million, up 16% year over year;
Record net profit of $298 million, as compared to $204 million for the full year of 2016;
MIGDAL HAEMEK, Israel - January 24, 2018 - TowerJazz (NASDAQ/ TASE: TSEM), the global specialty foundry leader, will issue its fourth quarter and fiscal year 2017 earnings release on Thursday, February 22, 2018. The Company will hold a conference call to discuss its fourth quarter and fiscal year 2017 financial results and first quarter 2018 guidance on Thursday, February 22, 2018, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time)...