TowerJazz Reports First Quarter 2017 Results: Record Free Cash Flow Resulting from Strong Year over Year Growth in Revenue and Margins

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/24/2026

1. QCOM
2. FDX
3. CBRS
4. USO
5. MU
6. SPY
7. KBH
8. HON
9. HTZ
10. GOOGL

Go back to TowerJazz Reports First Quarter 2017 Results: Record Free Cash Flow Resulting from Strong Year over Year Growth in Revenue and Margins

Tower Semiconductor (TSEM) PT Raised to $35 at Needham & Company

May 8, 2017 1:57 PM EDT

Needham & Company raised its price target on Tower Semiconductor (NASDAQ: TSEM) to $35.00 (from $30.00) while maintaining a Strong Buy rating. Tower Jazz reported 1Q revenue of $330M, up 19% Y/Y, Non-GAAP EPS came in at $0.49 vs. estimates of $0.40, and Non-GAAP gross margins for the... More

Tower Semiconductor (TSEM) Tops Q1 EPS by 2c; Guides Q2 Revs Above Views

May 8, 2017 6:17 AM EDT

Tower Semiconductor (NASDAQ: TSEM) reported Q1 EPS of $0.45, $0.02 better than the analyst estimate of $0.43. Revenue for the quarter came in at $330 million versus the consensus estimate of $330 million.

Revenues of $330 million, up 19% year over year;Gross profit of $85 million, up 38%... More