TowerJazz Announces Third Quarter 2019 Results


 
TOWER SEMICONDUCTOR LTD. AND SUBSIDIARIES
RECONCILIATION FROM GAAP OPERATING PROFIT TO EBITDA (UNAUDITED)
(dollars in thousands)
             
             
         Three months ended
         September 30,  June 30,  September 30,
         2019  2019  2018
             
  GAAP OPERATING PROFIT $ 22,719 $ 17,757 $ 38,559
   Depreciation of fixed assets   48,355  47,966  46,172
   Stock based compensation  3,775  3,884  2,710
   Amortization of acquired intangible assets  492  494   1,627
                         
  EBITDA     $ 75,341 $ 70,101 $ 89,068
                         

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