From Nasdaq: 2025-02-10 08:01:34

Tower Semiconductor (TSEM) expects first-quarter revenues to reach $358 million, with a 5 percent range. Analysts predict revenues of $355.54 million. In the fourth quarter, the company reported a net profit of $55.14 million or $0.49 per share, up from $53.85 million or $0.48 per share in the previous year. Adjusted earnings were $0.59 per share, up from $0.55 per share. Revenues for the quarter increased by 10 percent to $387.19 million. The Street anticipated earnings of $0.53 per share on revenues of $387.09 million. Visit rttnews.com for more earnings updates.



Read more at Nasdaq: Tower Semiconductor Sees Q1 Revenues In Line With View; Q4 Results Top Estimates