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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (92269)5/7/2024 8:45:09 AM
From: Return to Sender1 Recommendation

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GlobalFoundries beats by $0.08, beats on revs; guides Q2 EPS in-line, revs in-line

7:07 AM ET 5/7/24 | Briefing.com

Reports Q1 (Mar) earnings of $0.31 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.23; revenues fell 15.9% year/year to $1.55 bln vs the $1.52 bln FactSet Consensus. Co issues in-line guidance for Q2, sees EPS of $0.24-$0.34, excluding non-recurring items, vs. $0.29 FactSet Consensus; sees Q2 revs of $1.590-$1.640 bln vs. $1.58 bln FactSet Consensus.