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GlobalFoundries reports Q1 revenue down 16% YoY to $1.55B, vs. $1.52B est., net income of $134M, and forecasts Q2 revenue above estimates; GFS closes


0 user ratings		2024-05-07 21:16:10
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Aditya Soni / Reuters:

GlobalFoundries reports Q1 revenue down 16% YoY to $1.55B, vs. $1.52B est., net income of $134M, and forecasts Q2 revenue above estimates; GFS closes up 7.1%  —  GlobalFoundries (GFS.O) forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on improving demand …




Aditya Soni / Reuters:

GlobalFoundries reports Q1 revenue down 16% YoY to $1.55B, vs. $1.52B est., net income of $134M, and forecasts Q2 revenue above estimates; GFS closes up 7.1%  —  GlobalFoundries (GFS.O) forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on improving demand …



Source: TechMeme
Source Link: http://www.techmeme.com/240507/p41#a240507p41

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