SPY305.55+1.23 0.40%
DIA255.27+0.98 0.39%
IXIC9,552.05+62.18 0.66%

Tower Semiconductor Q1 Adj. EPS $0.200 Beats $0.190 Estimate, Sales $300.000M Beat $297.570M Estimate

Tower Semiconductor (NASDAQ:TSEM) reported quarterly earnings of $0.200 per share which beat the analyst consensus estimate of $0.190 by 5.26 percent. This is a 31.03 percent decrease over earnings of $0.290 per share

Benzinga · 05/13/2020 11:31

Tower Semiconductor (NASDAQ:TSEM) reported quarterly earnings of $0.200 per share which beat the analyst consensus estimate of $0.190 by 5.26 percent. This is a 31.03 percent decrease over earnings of $0.290 per share from the same period last year. The company reported quarterly sales of $300.000 million which beat the analyst consensus estimate of $297.570 million by 0.82 percent. This is a 3.26 percent decrease over sales of $310.107 million the same period last year.