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GlobalFoundries (GFS) Reports Q1 Earnings: What Key Metrics Have to Say
GFSGLOBALFOUNDRIES(GFS) ZACKS·2025-05-06 14:35

Core Insights - GlobalFoundries Inc. reported revenue of 1.59billionforthequarterendedMarch2025,reflectinga2.31.59 billion for the quarter ended March 2025, reflecting a 2.3% increase year-over-year, with EPS at 0.34 compared to 0.31inthesamequarterlastyear[1]−TherevenueexceededtheZacksConsensusEstimateof0.31 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of 1.58 billion, resulting in a surprise of +0.46%, while the EPS surpassed the consensus estimate of 0.28by+21.430.28 by +21.43% [1] Financial Performance Metrics - Wafer shipment volume reached 543, surpassing the average estimate of 523 based on four analysts [4] - Net revenue from wafer fabrication was 1.40 billion, slightly below the average estimate of 1.42billionfromfiveanalysts[4]−Revenuefromsmartmobiledeviceswas1.42 billion from five analysts [4] - Revenue from smart mobile devices was 586 million, lower than the estimated 632.51million[4]−Non−waferrevenueandothergenerated632.51 million [4] - Non-wafer revenue and other generated 188 million, exceeding the average estimate of 161.26million[4]−RevenuefromhomeandindustrialIoTwas161.26 million [4] - Revenue from home and industrial IoT was 328 million, above the estimated 295.75million[4]−Automotiverevenuewas295.75 million [4] - Automotive revenue was 309 million, below the average estimate of 339.69million[4]−Revenuefromcommunicationsinfrastructureanddatacenterwas339.69 million [4] - Revenue from communications infrastructure and datacenter was 174 million, exceeding the average estimate of $149.40 million [4] Stock Performance - Shares of GlobalFoundries have returned +11.4% over the past month, closely aligning with the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]