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Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%Oct 31 5:00 PM EST
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From: Return to Sender11/5/2024 1:11:25 PM
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GlobalFoundries beats by $0.08, reports revs in-line; guides Q4 EPS above consensus, revs in-line

7:12 AM ET 11/5/24 | Briefing.com

Reports Q3 (Sep) earnings of $0.41 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.33; revenues fell 6.1% year/year to $1.74 bln vs the $1.73 bln FactSet Consensus. Co issues guidance for Q4, sees EPS of $0.39-0.51, excluding non-recurring items, vs. $0.38 FactSet Consensus; sees Q4 revs of $1.80-1.85 bln vs. $1.80 bln FactSet Consensus.
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