Tower Semiconductor's Q1 Adjusted Earnings, Revenue Increase; Q2 Revenue Outlook Issued
13 maj, 13:10
07:10 AM EDT, 05/13/2026 (MT Newswires) -- Tower Semiconductor (TSEM) reported Q1 adjusted earnings Wednesday of $0.65 per diluted share, up from $0.45 a year earlier.
Analysts polled by FactSet expected $0.56.
Revenue for the quarter ended March 31 was $413.6 million, compared with $358.2 million a year earlier.
Analysts polled by FactSet expected $410.7 million.
The company expects Q2 revenue of $455 million, plus or minus 5%. Analysts polled by FactSet expect $437.3 million.
Shares of Tower Semiconductor were up more than 10% premarket Wednesday.
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Tower Semiconductor's Q1 Adjusted Earnings, Revenue Increase; Q2 Revenue Outlook Issued
13 maj, 13:10
07:10 AM EDT, 05/13/2026 (MT Newswires) -- Tower Semiconductor (TSEM) reported Q1 adjusted earnings Wednesday of $0.65 per diluted share, up from $0.45 a year earlier.
Analysts polled by FactSet expected $0.56.
Revenue for the quarter ended March 31 was $413.6 million, compared with $358.2 million a year earlier.
Analysts polled by FactSet expected $410.7 million.
The company expects Q2 revenue of $455 million, plus or minus 5%. Analysts polled by FactSet expect $437.3 million.
Shares of Tower Semiconductor were up more than 10% premarket Wednesday.
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