TowerJazz Provides 2016 Growth Outlook; Built Upon 2015 Notable Increases in Record Revenues with the Associated Margins and Net Profit

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Go back to TowerJazz Provides 2016 Growth Outlook; Built Upon 2015 Notable Increases in Record Revenues with the Associated Margins and Net Profit

TowerJazz (TSEM) Tops Q4 EPS by 25c, Q1 Revenue Guidance Tops Views

February 24, 2016 7:44 AM EST

TowerJazz (NASDAQ: TSEM) reported Q4 EPS of $0.88, $0.25 better than the analyst estimate of $0.63. Revenue for the quarter came in at $255 million versus the consensus estimate of $252.53 million.

GUIDANCE:

TowerJazz sees Q1 2016 revenue of $276 million, versus the consensus of $250.28... More