TowerJazz Reports Fiscal Year 2017 Record Results in Revenues, Gross Profit, Operating Profit, EBITDA, Net Profit, Cash from Operations and Free Cash Flow

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Go back to TowerJazz Reports Fiscal Year 2017 Record Results in Revenues, Gross Profit, Operating Profit, EBITDA, Net Profit, Cash from Operations and Free Cash Flow

Tower Semiconductor (TSEM) PT Lowered to $37 at Craig-Hallum; Growth Drivers Intact

February 23, 2018 7:42 AM EST

Craig-Hallum lowered its price target on Buy-rated Tower Semiconductor (NASDAQ: TSEM) to $37.

Analyst Richard Shannon said while the Q1 guidance suggests a slow start to 2018, growth drivers are intact. They see gross margin leverage potential in the 2nd-half.

For an analyst ratings... More

Tower Semiconductor (TSEM) Reports Q4 EPS of $1.40

February 22, 2018 6:24 AM EST

Tower Semiconductor (NASDAQ: TSEM) reported Q4 EPS of $1.40, versus $0.49 reported last year. Revenue for the quarter came in at $358 million versus the consensus estimate of $358.13 million.

Business Outlook

TowerJazz expects revenues for the first quarter of 2018 ending March 31, 2018 to be $325... More