Tower Semiconductor Reports 2024 First Quarter Financial Results

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Go back to Tower Semiconductor Reports 2024 First Quarter Financial Results

Tower Semiconductor (TSEM) Tops Q1 EPS by 6c, Offers Guidance

May 9, 2024 7:08 AM EDT

Tower Semiconductor (NASDAQ: TSEM) reported Q1 EPS of $0.46, $0.06 better than the analyst estimate of $0.40. Revenue for the quarter came in at $327 million versus the consensus estimate of $324.4 million.

GUIDANCE:

Tower Semiconductor sees Q2 2024 revenue of $350 million, versus the consensus of $334... More