Tower Semiconductor (TSEM) Reports Q4 EPS of $1.40

Tower Semiconductor (NASDAQ: TSEM) reported Q4 EPS of $1.40, versus $0.49 reported last year. Revenue for the quarter came in at $358 million versus the consensus estimate of $358.13 million.

Business Outlook

TowerJazz expects revenues for the first quarter of 2018 ending March 31, 2018 to be $325 million, with an upward or downward range of 5%, in line with present industry seasonality, and forecasts growth throughout the year.

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

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