GFS - Why Are GlobalFoundries Shares Trading Higher Today? | Benzinga
GlobalFoundries Inc (NASDAQ: GFS) reported a third-quarter FY23 revenue decline of 11% year-on-year to $1.852 billion, beating the consensus of $1.849 billion.
The semiconductor manufacturer's adjusted EPS of $0.55 beat the consensus of $0.49.
The adjusted gross margin declined by 70 bps to 29.2%, ...