Tower Semiconductor (TSEM) reported Q4 adjusted earnings Monday of $0.59 per diluted share, up from $0.55 a year earlier.
Four analysts polled by FactSet expected $0.54.
Revenue for the quarter ended Dec. 31 was $387.2 million, up from $351.7 million a year earlier.
Four analysts surveyed by FactSet expected $387.1 million.
Tower Semiconductor said it expects Q1 revenue of $358 million, with an upward or downward range of 5%. Four analysts polled by FactSet expect $355.5 million.
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