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Tower Semiconductor Launches 2025 Technical Global Symposium Series
Globenewswire· 2025-08-13 10:00
Core Insights - Tower Semiconductor is hosting its 2025 Technical Global Symposium (TGS) in Shanghai on September 16, 2025, and in Santa Clara on November 18, 2025, showcasing its latest technologies and expertise [1][2] - The events will focus on key market megatrends such as AI and high-speed connectivity, emphasizing Tower's capabilities in delivering high-performance connectivity and advanced imaging solutions [2][7] Event Highlights - Keynote by CEO Russell Ellwanger discussing the company's vision and commitment to growth through customer partnerships [7] - Technical sessions led by experts covering Silicon Photonics, SiGe, RF SOI, power management, image sensors, and advanced display technologies [7] - Networking opportunities with Tower's senior executives and industry peers to foster collaborations in semiconductor innovation [7] Company Overview - Tower Semiconductor is a leading foundry for high-value analog semiconductor solutions, serving markets like consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace [5] - The company offers a range of customizable process platforms including SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, and MEMS, along with design enablement services [5] - Tower operates multiple facilities globally, including in Israel, the U.S., and Japan, to provide multi-fab sourcing and extended capacity for its customers [5]
Franklin Electric (FELE) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-29 14:15
Company Performance - Franklin Electric reported quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.73 per share, and down from $0.70 per share a year ago, representing an earnings surprise of -8.22% [1] - The company posted revenues of $455.25 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.93%, and down from $460.9 million year-over-year [2] - Over the last four quarters, Franklin Electric has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Outlook - Franklin Electric shares have declined about 9% since the beginning of the year, compared to a -6% decline in the S&P 500 [3] - The current consensus EPS estimate for the coming quarter is $1.29 on revenues of $567.5 million, and for the current fiscal year, it is $4.17 on revenues of $2.11 billion [7] - The estimate revisions trend for Franklin Electric is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Manufacturing - Electronics industry, to which Franklin Electric belongs, is currently in the top 20% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]