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Tower Semiconductor Q1 2024 Adj EPS $0.46 Beats $0.39 Estimate, Sales $327.238M Beat $324.520M Estimate

Author: Benzinga Newsdesk | May 09, 2024 07:06am

Tower Semiconductor (NASDAQ:TSEM) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.39 by 17.95 percent. The company reported quarterly sales of $327.238 million which beat the analyst consensus estimate of $324.520 million by 0.84 percent. This is a 7.98 percent decrease over sales of $355.611 million the same period last year.

Posted In: TSEM