TowerJazz (TSEM) Tops Q2 EPS by 18c

TowerJazz (NASDAQ: TSEM) reported Q2 EPS of $0.70, $0.18 better than the analyst estimate of $0.52. Revenue for the quarter came in at $236 million versus the consensus estimate of $234.7 million.

Business Outlook

TowerJazz expects revenues for the third quarter of 2015 ending September 30, 2015 to increase to $244 million with an upward or downward range of 5%, reflecting 8% revenue growth as compared with the third quarter of 2014.

For earnings history and earnings-related data on TowerJazz (TSEM) click here.

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