Tower Semiconductor (NASDAQ:TSEM) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:00 AM.
Here's what investors need to know about the announcement.
Earnings
Tower Semiconductor beat estimated earnings by 22.22%, reporting an EPS of $0.55 versus an estimate of $0.45.
Revenue was up $66.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04, which was followed by a 0.33% drop in the share price the next day.
Here's a look at Tower Semiconductor's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.33 | 0.31 | 0.33 |
| EPS Actual | 0.41 | 0.34 | 0.31 | 0.34 |
| Revenue Estimate | 384.97M | 359.75M | 345.20M | 340.90M |
| Revenue Actual | 386.71M | 362.14M | 347.21M | 345.21M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
