TowerJazz (TSEM) Tops Q3 EPS Expectations

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Go back to TowerJazz (TSEM) Tops Q3 EPS Expectations

TowerJazz Reports Record Revenues for the Third Quarter of 2015 With Continued Increase in Net Profit and Margins

November 11, 2015 6:00 AM EST

Year Over Year Organic Revenue Increase of 23%;

Provides Fourth Quarter Guidance of Continuous Growth, Surpassing $1 Billion Annualized Run Rate

MIGDAL HA'EMEK, Israel, Nov. 11, 2015 (GLOBE NEWSWIRE) -- TowerJazz (NASDAQ: TSEM) (TASE: TSEM) today reported results for the third quarter of 2015 ended September 30, 2015.

Highlights

Third quarter 2015 record revenues of $244 million with year over year organic growth of 23% and nine months year over... More