GLOBALFOUNDRIES (GFS) Tops Q2 EPS by 10c; offers guidance

GLOBALFOUNDRIES (NASDAQ: GFS) reported Q2 EPS of $0.38, $0.10 better than the analyst estimate of $0.28. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.61 billion.

GUIDANCE:

GLOBALFOUNDRIES sees Q3 2024 EPS of $0.28-$0.38, versus the consensus of $0.35. GLOBALFOUNDRIES sees Q3 2024 revenue of $1.7-1.75 billion, versus the consensus of $1.72 billion.

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

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