Short Squeeze - GlobalFoundries Stock Soars On Q3 Earnings Beat, Strong Q4 Outlook - GLOBALFOUNDRIES ( NASDAQ:GFS )

a week ago

GlobalFoundries Inc GFS reported a fiscal third-quarter 2024 revenue decline of 6% year-on-year to $1.74 billion, beating the analyst consensus estimate of $1.73 billion. The contract chipmaker's adjusted EPS of 41 cents beat the analyst consensus estimate of 33 cents.

Ticker	Sentiment	Impact
GFS	Neutral	82 %