07:45 AM EST, 02/11/2025 (MT Newswires) -- GlobalFoundries ( GFS ) reported Q4 adjusted earnings Tuesday of $0.46 per diluted share, compared with $0.64 a year earlier.

Analysts surveyed by FactSet expected $0.45.

Net revenue for the quarter ended Dec. 31 was $1.83 billion, compared with $1.85 billion a year earlier.

Analysts surveyed by FactSet expected $1.83 billion.

For Q1, the semiconductor manufacturing company said it expects adjusted diluted EPS of between $0.24 and $0.34 on net revenue of $1.55 billion to $1.60 billion. Analysts polled by FactSet expect $0.33 earnings on revenue of $1.66 billion.

Shares of GlobalFoundries ( GFS ) were down 4.7% in recent premarket activity.