GlobalFoundries beats by $0.08, reports revs in-line; guides Q4 EPS above consensus, revs in-line (36.01)
- Reports Q3 (Sep) earnings of $0.41 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.33; revenues fell 6.1% year/year to $1.74 bln vs the $1.73 bln FactSet Consensus.
- Co issues guidance for Q4, sees EPS of $0.39-0.51, excluding non-recurring items, vs. $0.38 FactSet Consensus; sees Q4 revs of $1.80-1.85 bln vs. $1.80 bln FactSet Consensus.