GLOBALFOUNDRIES (GFS) Tops Q1 EPS by 8c, Offers Guidance

GLOBALFOUNDRIES (NASDAQ: GFS) reported Q1 EPS of $0.31, $0.08 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.52 billion.

GUIDANCE:

GLOBALFOUNDRIES sees Q2 2024 EPS of $0.24-$0.34, versus the consensus of $0.28. GLOBALFOUNDRIES sees Q2 2024 revenue of $1.59-1.64 billion, versus the consensus of $1.59 billion.

For earnings history and earnings-related data on GLOBALFOUNDRIES (GFS) click here.

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