Tower Semiconductor Reports Record Revenues and Strong Margins Growth
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TowerJazz (TSEM) PT Raised to $45 at Needham & Company
November 9, 2021 7:46 AM ESTNeedham & Company analyst Rajvindra S. Gill raised the price target on TowerJazz (NASDAQ: TSEM) to $45.00 (from $37.00) while maintaining a Buy rating.
The analyst commented, "Tower Semiconductor reported Sales/Non-GAAP EPS of $387MM/$0.41, ahead of our estimates of $385MM/$0.39. The company... More
Tower Semiconductor (TSEM) Tops Q3 EPS by 4c
November 8, 2021 7:12 AM ESTTower Semiconductor (NASDAQ: TSEM) reported Q3 EPS of $0.41, $0.04 better than the analyst estimate of $0.37. Revenue for the quarter came in at $387 million versus the consensus estimate of $384.97 million.
GUIDANCE:
Tower Semiconductor sees Q4 2021 revenue of $390-430 million, versus the consensus... More
