GlobalFoundries Reports Fourth Quarter 2024 and Fiscal Year 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Needham Upgrades GlobalFoundries Inc. (GFS) to Buy
February 12, 2025 7:10 AM ESTNeedham analyst Rajvindra Gill upgraded GlobalFoundries Inc. (NASDAQ: GFS) from Hold to Buy with a price target of $50.00.
The analyst comments "We believe the outlook for GlobalFoundries is improving as the semiconductor industry emerges from the cyclical downturn. Not... More
GLOBALFOUNDRIES (GFS) Tops Q4 EPS by 1c, Offers Guidance
February 11, 2025 7:08 AM ESTGLOBALFOUNDRIES (NASDAQ: GFS) reported Q4 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.83 billion versus the consensus estimate of $1.83 billion.
GUIDANCE:
GLOBALFOUNDRIES sees Q1 2025 EPS of $0.24-$0.34, versus the consensus of $0.33. GLOBALFOUNDRIES sees Q1... More
