GlobalFoundries (GFS) Reported Q3 EPS Beat as Revenues Grew 56% in First Report Since IPO
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/20/2024
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Jabil falls after placing CEO on paid leave amid internal investigation
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- NVIDIA (NVDA) Shares Extend Drop To 10%, Erasing $212 Billion In Value - Bloomberg
- Tungray Technologies (TRSG) Prices 1.25M Share IPO at $4/sh
- Wells Fargo on Super Micro Computer (SMCI): 'No Positive Preannouncement
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Globalfoundries (GFS) Reports Robust Chip Demand in First Earnings Report After IPO, Analyst Sees 30% Upside
December 1, 2021 10:44 AM ESTGlobalfoundries (NASDAQ: GFS) delivered the first quarterly earnings report as a publicly-traded company yesterday.
FQ1 EPS came in at $0.07 to beat the analyst estimate of $0.00. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.7 billion.
The third quarter marked the ongoing acceleration of our... More
GlobalFoundries Inc. (GFS) PT Raised to $87 at Needham & Company
December 1, 2021 6:49 AM ESTNeedham & Company analyst Rajvindra Gill raised the price target on GlobalFoundries Inc. (NASDAQ: GFS) to $87.00 (from $85.00) while maintaining a Buy rating.
The analyst commented, "We are raising our PT to $87 as GlobalFoundries posted a strong beat and raise in its first quarter... More
GlobalFoundries posts 56% rise in quarterly sales on booming chip demand
November 30, 2021 4:18 PM EST(Reuters) - GlobalFoundries posted a 56% rise in revenue on Tuesday, in its first earnings update after going public in October, as the global semiconductor shortage drives companies to secure supplies of chips used in everything from cars to mobile phones.
The company makes silicon wafers for chip... More
GLOBALFOUNDRIES (GFS) Tops Q1 EPS by 7c
November 30, 2021 4:05 PM ESTGLOBALFOUNDRIES (NASDAQ: GFS) reported Q1 EPS of $0.07, $0.07 better than the analyst estimate of $0.00. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.7 billion.
The third quarter marked the ongoing acceleration of our strategy to lead in the pervasive semiconductor market and... More
