Tower Semiconductor: Q4 Earnings Insights - Tower Semiconductor (NASDAQ:TSEM)

Tower Semiconductor 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.

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.

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.