GlobalFoundries Inc

NASDAQ:GFS   4:00:00 PM EDT
63.90
-3.71 (-5.49%)
5:15:57 PM EDT: $65.61 +1.71 (+2.68%)
Other Pre-Announcement

Globalfoundries Reports Third Quarter Financial Results

Published: 11/08/2022 12:43 GMT
GlobalFoundries Inc (GFS) - Globalfoundries Reports Third Quarter 2022 Financial Results.
Q3 Revenue Rose 22 Percent to $2.1 Billion.
Qtrly Gross Margin of 29.4% and Adjusted Gross Margin of 29.9%.
Qtrly Earnings per Share $0.61.
Qtrly Adjusted Earnings per Share $0.67.
Sees Net Revenue $2,050 - $2,100 Million for Q4.
Q3 Earnings per Share View $0.62, Revenue View $2.05 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees Q4 Earnings per Share $1.16 - $1.39.
Sees Q4 Adjusted Earnings per Share $1.24 - $1.44.
Q4 Earnings per Share View $1.01, Revenue View $2.09 Billion -- Refinitiv Ibes Data (analyst estimates).