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Tower Semiconductor Ltd (TSEM.OQ)

TSEM.OQ on NASDAQ Stock Exchange Global Select Market

22.15USD
21 Jun 2018
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Mon, May 7 2018

UPDATE 1-Israeli chipmaker TowerJazz Q1 profit misses estimates, shares sink

* Shares slide 17 percent (Adds details, share reaction, CEO comments)

Israeli chipmaker TowerJazz Q1 profit misses estimates

JERUSALEM, May 7 Israeli chip manufacturer TowerJazz on Monday reported a deeper drop in quarterly net profit than expected but said it expected business to rebound during the rest of the year.

Israeli chipmaker TowerJazz profit up, first quarter guidance misses forecast

TEL AVIV Israeli chip maker TowerJazz reported higher-than-expected fourth quarter net profit on Thursday but its guidance for revenues in the first quarter was lower than forecasts, sending its shares down.

UPDATE 1-Israeli chipmaker TowerJazz profit up, Q1 guidance misses forecast

* Company expects 2018 revenue to surpass 2017 (Adds comments from CEO, details, share reaction)

BRIEF-Towerjazz Q4 Earnings Per Share $1.40

* REPORTS FISCAL YEAR 2017 RECORD RESULTS IN REVENUES, GROSS PROFIT, OPERATING PROFIT, EBITDA, NET PROFIT, CASH FROM OPERATIONS AND FREE CASH FLOW

Israeli chipmaker TowerJazz Q4 profit, revenue up

TEL AVIV, Feb 22 Israeli chip manufacturer TowerJazz on Thursday reported higher quarterly net profit that beat expectations and forecast growth throughout 2018.

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