Several major technology and payment companies reported first-quarter 2025 earnings that exceeded analyst estimates. ON Semiconductor reported adjusted earnings per share (EPS) of $0.55, surpassing the estimated $0.51, with sales of $1.45 billion beating the $1.40 billion forecast. The company provided a second-quarter outlook with GAAP EPS guidance between $0.45 and $0.55 and sales expected between $1.40 billion and $1.50 billion, both above consensus estimates. Global Payments posted adjusted EPS of $2.82, exceeding the $2.72 estimate, and sales of $2.21 billion, slightly above the $2.20 billion forecast. GlobalFoundries reported adjusted EPS of $0.34, beating the $0.28 estimate, with revenue of $1.58 billion in line with expectations. The CEO of GlobalFoundries noted the team delivered strong financial results in the first quarter. Fidelity National Information Services (FIS) also surpassed expectations with adjusted EPS of $1.21 versus $1.20 estimated and sales of $2.53 billion compared to $2.51 billion forecasted. Despite the positive earnings, GlobalFoundries shares declined slightly by 0.2% in after-hours trading.