Why Shares of Tower Semiconductor Jumped 16% Last Month [The Motley Fool]
Tower Semiconductor Ltd. - Ordinary Shares (TSEM)
Last tower semiconductor ltd. - ordinary shares earnings: 2/18 04:06 am
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Strong orders in the first quarter, an earnings beat, and expectations for more growth in 2017 led to investor optimism in May. Chris Neiger ( TMFNewsie ) Jun 14, 2017 at 4:52PM What happened Shares of Tower Semiconductor ( NASDAQ:TSEM ) jumped just over 16.6% in May, according to data from S&P Global Market Intelligence , after the analog integrated circuit manufacturer easily beat analysts estimates for its first quarter. Image source: Tower Semiconductor. So what "The first quarter demonstrated a strong year over year growth," said CEO Russell Ellwanger in a press release. "We are executing well within each of our targeted analog application markets." He also said demand was higher than expected in the company's high-margin business areas, which likely led to the earnings beat. Analysts were expecting non-GAAP earnings of $0.43
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News
- Those who invested in Tower Semiconductor (NASDAQ:TSEM) five years ago are up 78% [Yahoo! Finance]Yahoo! Finance
- Tower Semiconductor Ltd. (NASDAQ:TSEM) is favoured by institutional owners who hold 67% of the company [Yahoo! Finance]Yahoo! Finance
- Tower Semiconductor Ltd. (NASDAQ: TSEM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Is It Time To Consider Buying Tower Semiconductor Ltd. (NASDAQ:TSEM)? [Yahoo! Finance]Yahoo! Finance
- Tower Semiconductor to Participate at OFC 2024 Highlighting Company's Recent Developments in Silicon Germanium and Silicon Photonics Technologies [Yahoo! Finance]Yahoo! Finance
TSEM
Earnings
- 2/14/24 - Beat
TSEM
Sec Filings
- 4/22/24 - Form 20-F
- 3/21/24 - Form 6-K
- 3/20/24 - Form 6-K
- TSEM's page on the SEC website