GLOBALFOUNDRIES (GFS) Tops Q3 EPS by 5c

GLOBALFOUNDRIES (NASDAQ: GFS) reported Q3 EPS of $0.55, $0.05 better than the analyst estimate of $0.50. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.85 billion.

GUIDANCE:

GLOBALFOUNDRIES sees Q4 2023 EPS of $0.53-$0.64, versus the consensus of $0.52. GLOBALFOUNDRIES sees Q4 2023 revenue of $1.825-1.875 billion, versus the consensus of $1.89 billion.

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

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