
— Tower Semiconductor (NASDAQ: TSEM) reported Q4 2019 earnings of $0.19 per share, vs. $0.25 expected.
— Revenues fell 8% to $306 million, vs. $312 million expected.
— EBITDA was $75 million versus $93 million last year.
— Cash flow generated from operations was $72 million.
— Q1 2020 revenues are expected to be $300 million, with an upward or downward range of 5%.
— TSEM shares were down 5% in premarket hours on Tuesday.
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