Form 6-K TOWER SEMICONDUCTOR LTD For: May 09

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Go back to Form 6-K TOWER SEMICONDUCTOR LTD For: May 09

TowerJazz (TSEM) Tops Q1 EPS by 12c

May 9, 2016 8:54 AM EDT

TowerJazz (NASDAQ: TSEM) reported Q1 EPS of $0.78, $0.12 better than the analyst estimate of $0.66. Revenue for the quarter came in at $278 million versus the consensus estimate of $275.93 million.

Cash and short-term deposits balance as of March 31, 2016 was $245 million, as compared with $206 million as of December... More