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GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above estimates; GFS closes


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2026-05-05 21:21:19
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Cybersecurity Business

Patrick Seitz / Investor's Business Daily:

GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above estimates; GFS closes up 9.28%  —  Contract chipmaker GlobalFoundries (GFS) on Tuesday beat earnings estimates on in-line sales for the first quarter.




Patrick Seitz / Investor's Business Daily:

GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above estimates; GFS closes up 9.28%  —  Contract chipmaker GlobalFoundries (GFS) on Tuesday beat earnings estimates on in-line sales for the first quarter.



Source: TechMeme
Source Link: https://www.techmeme.com/260505/p51#a260505p51


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