Financial PerformanceTower's bottom line of $0.45 handily beat the estimate and consensus by $0.07, benefiting from solid expense control and higher earned interest on its growing cash balance.
Market PositionTower maintains a high market share in SiGe and SiPho technologies, engaging with top optical integrators and showcasing industry leadership with new developments.
Revenue GrowthRevenue guidance for Q2 is set at $372 million, ahead of the estimate and the Street consensus, showing continuing demand momentum.