Tower Semiconductor Q3 Adj EPS $0.54 Beats $0.49 Estimate, Sales $358.17M Miss $359.11M Estimate
Author: Benzinga Newsdesk | November 13, 2023 08:06am
Tower Semiconductor (NASDAQ:TSEM) reported quarterly adjsuted earnings of $0.54 per share which beat the analyst consensus estimate of $0.49 by 10.2 percent. This is a 12.9 percent decrease over earnings of $0.62 per share from the same period last year. The company reported quarterly sales of $358.17 million which missed the analyst consensus estimate of $359.11 million by 0.26 percent. This is a 16.14 percent decrease over sales of $427.09 million the same period last year.
Posted In: TSEM