Drexel Hamilton Reiterates Bullish View TowerJazz (TSEM) Following Solid Q3
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TowerJazz (TSEM) Tops Q3 EPS Expectations
November 11, 2015 8:17 AM ESTTowerJazz (NASDAQ: TSEM) reported Q3 EPS of $0.74, $0.17 better than the analyst estimate of $0.57. Revenue for the quarter came in at $244 million versus the consensus estimate of $243.8 million.
For earnings history and earnings-related data on TowerJazz (TSEM) click here.
... MoreChipmaker TowerJazz third-quarter profit up, sees strong 2016
November 11, 2015 8:14 AM ESTBy Tova Cohen
TEL AVIV (Reuters) - Israeli chipmaker TowerJazz expects strong growth into 2016 as it reported higher quarterly profit that beat estimates on rising orders from its largest customers.
TowerJazz said on Wednesday it earned 62 cents per diluted share in the third quarter excluding one-time items, compared with 39 cents a year earlier. Revenue rose to a record $244.2 million from $226 million. The maker of chips for smartphones, battery chargers, AC/DC adapters and image sensors was forecast to earn 57... More
