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GlobalFoundries reports Q4 adjusted EPS 64c, consensus 58c
The Fly

GlobalFoundries reports Q4 adjusted EPS 64c, consensus 58c

Reports Q4 revenue $1.854B, consensus $1.85B. “In the fourth quarter, GF’s dedicated teams across the world delivered financial results that exceeded the mid-point of the guidance ranges we provided in our November earnings release,” said Dr. Thomas Caulfield, president and CEO of GF. “We continue to position GF to drive foundry innovation and differentiation across essential end-markets and we are especially proud of our Automotive end market revenue growth, with over $1 billion of revenue in 2023. It also gives me great pleasure to welcome John Hollister to GF, as our new CFO. I look forward to partnering with John as we focus on our business priorities through 2024 and beyond.”

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