TowerJazz (TSEM) Tops Q2 EPS by 18c
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TowerJazz Reports Record Revenues and Strong Margins for the Second Quarter of 2015
August 5, 2015 3:30 AM EDTGAAP Net Profit and Substantial Margins Increase
Year Over Year Organic Revenue Increase of 35%; Guiding Continued Growth
MIGDAL HA'EMEK, Israel, Aug. 5, 2015 (GLOBE NEWSWIRE) -- TowerJazz (NASDAQ: TSEM) (TASE: TSEM) today reports results for the second quarter and first half of 2015 ended June 30, 2015.
Highlights
Strong execution of operational and business strategies resulted in $25 million incremental year over year profit; Second quarter 2015 record revenues of $236 million with year-over-year organic growth (excluding Micron and Panasonic) of 35%; Â Â Â Â Â Â Â Â Â ... More