GLOBALFOUNDRIES (GFS) Tops Q1 EPS by 3c; offers guidance

GLOBALFOUNDRIES (NASDAQ: GFS) reported Q1 EPS of $0.52, $0.03 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.84 billion versus the consensus estimate of $1.83 billion.

GUIDANCE:

GLOBALFOUNDRIES sees Q2 2023 EPS of $0.46-$0.54, versus the consensus of $0.48. GLOBALFOUNDRIES sees Q2 2023 revenue of $1.81-1.85 billion, versus the consensus of $1.85 billion.

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

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