Tower Semi (TSEM) Tops Q4 EPS by 25c, Offers Q1 Guidance

Tower Semi (NASDAQ: TSEM) reported Q4 EPS of $0.83, $0.25 better than the analyst estimate of $0.58. Revenue for the quarter came in at $235 million versus the consensus estimate of $234.98 million.

Business Outlook

TowerJazz expects revenues for the first quarter of 2015 ending March 31, 2015 to be $225 million with an upward or downward range of 5%, representing approximately 70% year over year revenue growth as compared to the first quarter of 2014.

(Street sees Q1 revenue of $224.03 million)

For earnings history and earnings-related data on Tower Semi (TSEM) click here.

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