Tower Semiconductor earnings beat by $0.17, revenue topped estimates

Investing.com – Tower Semiconductor (NASDAQ: TSEM) reported first quarter EPS of $0.64, $0.17 better than the analyst estimate of $0.47. Revenue for the quarter came in at $356M versus the consensus estimate of $352.73M.

Tower Semiconductor’s stock price closed at $40.41. It is down -0.47% in the last 3 months and down -13.19% in the last 12 months.

Tower Semiconductor saw 0 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Tower Semiconductor’s stock price’s past reactions to earnings here.

According to InvestingPro, Tower Semiconductor’s Financial Health score is “great performance”.

Check out Tower Semiconductor’s , and Tower Semiconductor’s financials here.

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