Benzinga | Nov 8, 2021 07:24AM EST

Tower Semiconductor Q3 EPS $0.41 Beats $0.37 Estimate, Sales $386.71M Beat $384.97M Estimate

Tower Semiconductor (NASDAQ:TSEM) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.37 by 10.81 percent. This is a 127.78 percent increase over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $386.71 million which beat the analyst consensus estimate of $384.97 million by 0.45 percent. This is a 24.66 percent increase over sales of $310.21 million the same period last year.