GFS earnings

MALTA, N.Y., March 31, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, May 5, 2026, at 8:30 a.m. ET following the release of the company's first quarter 2026 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 5, 2026, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. 2026 Investor Day Following the first quarter financi

MALTA, N.Y., Feb. 12, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a webinar for investors and analysts on Tuesday, March 10, 2026, at 4:30 p.m. ET. At this event, GF's executives will provide a business, technical, and strategy update on how GF is at the forefront of the Silicon Photonics and Advanced Packaging revolution. The upcoming webinar will showcase how GlobalFoundries' differentiated platforms and high‑performance interconnect technologies are addressing the need for increasing levels of speed, efficiency, and scalability for next‑generation data and connectivity applications. Webcast Information Presentations will be followed by a Q&

MALTA, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2025. Key Fourth Quarter Financial Highlights Revenue of $1.830 billionGross margin of 27.8% and Non-IFRS gross margin(1) of 29.0%Operating margin of 13.9% and Non-IFRS operating margin(1) of 18.3%Net income of $200 million and Non-IFRS net income(1) of $310 millionDiluted earnings per share of $0.36 and Non-IFRS diluted earnings per share(1) of $0.55Non-IFRS adjusted EBITDA(1) of $641 millionEnding cash, cash equivalents and marketable securities of $4.0 billionNet cash provided by operating activiti

MALTA, N.Y., Jan. 07, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Wednesday, February 11, 2026, at 8:30 a.m. ET following the release of the company's fourth quarter and full-year 2025 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Wednesday, February 11, 2026, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF Glo

MALTA, N.Y., Nov. 14, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a webinar for investors and analysts on Wednesday, December 3, 2025, at 10:00 a.m. ET. At this event, GF's business leaders will provide a market, technical, and strategy update on the opportunities for GF across the rapidly evolving Physical AI market. The upcoming webinar will showcase how GlobalFoundries' MIPS and ultra-low power solutions are driving the evolution of smart, autonomous, and connected devices from edge to physical AI applications. Webcast Information Presentations will be followed by a Q&A session. Interested parties may join the scheduled conference call by r

MALTA, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the third quarter ended September 30, 2025. Key Third Quarter Financial Highlights Revenue of $1.688 billionGross margin of 24.8% and Non-IFRS gross margin(1) of 26.0%Operating margin of 11.6% and Non-IFRS operating margin(1) of 15.4%Net income of $249 million and Non-IFRS net income(1) of $232 millionDiluted earnings per share of $0.44 and Non-IFRS diluted earnings per share(1) of $0.41Non-IFRS adjusted EBITDA(1) of $573 millionEnding cash, cash equivalents and marketable securities of $4.2 billionNet cash provided by operating activities of $595 millio

MALTA, N.Y., Oct. 27, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced that, effectively immediately, John Hollister, GF's Chief Financial Officer, is leaving the company for personal reasons. Sam Franklin, GF's Senior Vice President of Business Finance, Operations and Investor Relations, will assume the position of Interim Chief Financial Officer while the company conducts a search for a permanent CFO. "We appreciate John's valuable contributions to GF and we wish him the best. While the company determines a permanent successor, we are confident in Sam's ability to serve as our Interim CFO given his deep experience and intimate familiarity with the company's bus

MALTA, N.Y., Oct. 08, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Wednesday, November 12, 2025, at 8:30 a.m. ET following the release of the company's third quarter 2025 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Wednesday, November 12, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is a lea

MALTA, N.Y., Aug. 05, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the second quarter ended June 30, 2025. Key Second Quarter Financial Highlights Revenue of $1.688 billionGross margin of 24.2% and Non-IFRS gross margin(1) of 25.2%Operating margin of 11.6% and Non-IFRS operating margin(1) of 15.3%Net income of $228 million and Non-IFRS net income(1) of $234 millionDiluted earnings per share of $0.41 and Non-IFRS diluted earnings per share(1) of $0.42Non-IFRS adjusted EBITDA(1) of $585 millionEnding cash, cash equivalents and marketable securities of $3.9 billionNet cash provided by operating acti

MALTA, N.Y., July 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, August 5, 2025, at 8:30 a.m. ET following the release of the company's second quarter 2025 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, August 5, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is a leading manu

MALTA, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the first quarter ended March 31, 2025. Key First Quarter Financial Highlights Revenue of $1.585 billionGross margin of 22.4% and Non-IFRS gross margin(1) of 23.9%Operating margin of 9.5% and Non-IFRS operating margin(1) of 13.4%Net income of $211 million and Non-IFRS net income(1) of $189 millionDiluted earnings per share of $0.38 and Non-IFRS diluted earnings per share(1) of $0.34Non-IFRS adjusted EBITDA(1) of $558 millionEnding cash, cash equivalents and marketable securities of $3.7 billionNet cash provided by operating activities of $331 million and

MALTA, N.Y., April 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, May 6, 2025, at 8:30 a.m. ET following the release of the company's first quarter 2025 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 6, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is a leading manufactur

MALTA, N.Y., Feb. 11, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2024. Key Fourth Quarter Financial Highlights Revenue of $1.830 billionGross margin of 24.5% and Non-IFRS gross margin(1) of 25.4%Operating margin of (38.3)% and Non-IFRS operating margin(1) of 15.6%Net loss of $729 million and Non-IFRS net income(1) of $256 millionDiluted loss per share of $1.32 and Non-IFRS diluted earnings per share of $0.46Non-IFRS adjusted EBITDA(1) of $661 millionEnding cash, cash equivalents and marketable securities of $4.2 billionNet cash provided by operating activities of $

MALTA, N.Y., Feb. 05, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced, following a rigorous succession planning process, its Board of Directors has appointed Dr. Thomas Caulfield as Executive Chairman and Tim Breen as Chief Executive Officer. Caulfield succeeds Ahmed Yahia who will step down from the Board and his role as Chairman after more than a decade in the position. Breen, who has been with GF since 2018, and is currently Chief Operating Officer (COO), succeeds Caulfield. In addition, Niels Anderskouv, currently GF's Chief Business Officer, has been appointed GF's President and COO. With a strong foundation in place, this leadership transition positions GF

MALTA, N.Y., Jan. 08, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, February 11, 2025, at 8:30 a.m. ET following the release of the company's fourth quarter and full-year 2024 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 11, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (G

MALTA, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the third quarter ended September 30, 2024. Key Third Quarter Financial Highlights Revenue of $1.739 billionGross margin of 23.8% and Non-IFRS gross margin(1) of 24.7%Operating margin of 10.6% and Non-IFRS operating margin(1) of 13.6%Net income of $178 million and Non-IFRS net income(1) of $229 millionNon-IFRS adjusted EBITDA(1) of $627 millionCash, cash equivalents and marketable securities of $4.3 billionYear to date net cash provided by operating activities of $1,265 million and Non-IFRS adjusted free cash flow(1) of $779 million "In the third quarte

MALTA, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET following the release of the company's third quarter 2024 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, November 5, 2024, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is o

MALTA, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the second quarter ended June 30, 2024. Key Second Quarter Financial Highlights Revenue of $1.632 billionGross margin of 24.2% and Non-IFRS gross margin(1) of 25.2%Operating margin of 9.5% and Non-IFRS operating margin(1) of 13.0%Net income of $155 million and Non-IFRS net income(1) of $211 millionNon-IFRS Adjusted EBITDA(1) of $610 millionCash, cash equivalents and marketable securities of $4.1 billionYear to date net cash provided by operating activities of $890 million and Non-IFRS adjusted free cash flow of $563 million "In the sec

MALTA, N.Y., July 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, August 6, 2024, at 8:30 a.m. ET following the release of the company's second quarter 2024 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, August 6, 2024, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is one

MALTA, N.Y., May 07, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the first quarter ended March 31, 2024. Key First Quarter Financial Highlights Revenue of $1.549 billionGross margin of 25.4% and Non-IFRS gross margin(1) of 26.1%Operating margin of 9.5% and Non-IFRS operating margin(1) of 12.1%Net income of $134 million and Non-IFRS net income(1) of $174 millionNon-IFRS EBITDA(1) of $577 millionCash, cash equivalents and marketable securities of $4.2 billion "In the first quarter, GF's dedicated teams across the world delivered financial results that exceeded the high end of the guidance ranges we provided in our Febru

MALTA, N.Y., April 05, 2024 (GLOBE NEWSWIRE) --  GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, May 7, 2024, at 8:30 a.m. ET following the release of the company's first quarter 2024 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 7, 2024, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is one of the world's

MALTA, N.Y., Feb. 13, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023. Key Fourth Quarter Financial Highlights Revenue of $1.854 billion.Gross margin of 28.3% and adjusted gross margin(1) of 29.0%.Operating margin of 16.3% and adjusted operating margin(1) of 20.7%.Net income of $278 million and adjusted net income(1) of $356 million.Adjusted EBITDA(1) of $773 million.Cash, cash equivalents and marketable securities of $3.9 billion. Key Full Year 2023 Financial Highlights Revenue of $7.4 billion.Gross margin of 28.4% and adjusted gross margin(1) of 29.1%.Net inco

MALTA, N.Y., Jan. 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, February 13, 2024, at 8:30 a.m. ET following the release of the company's fourth quarter and full-year 2023 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 13, 2024, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries In

MALTA, N.Y., Nov. 07, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the third quarter ended September 30, 2023. Key Third Quarter Financial Highlights Revenue of $1,852 million.Gross margin of 28.6% and adjusted gross margin(1) of 29.2%.Operating margin of 14.1% and adjusted operating margin(1) of 17.4%.Net income of $249 million and adjusted net income(1) of $308 million.Adjusted EBITDA(1) of $667 million.Cash, cash equivalents and marketable securities of $3.4 billion. "In the third quarter, GF's dedicated teams across the world delivered financial results at the upper end of the guidance

MALTA, N.Y., Oct. 02, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, November 7, 2023, at 8:30 a.m. ET following the release of the company's third quarter 2023 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, November 7, 2023, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries Inc. (GF) is one of

MALTA, New York, Aug. 08, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the second quarter ended June 30, 2023. Key Second Quarter Financial Highlights Revenue of $1,845 million.Gross margin of 28.8% and adjusted gross margin(1) of 29.6%.Operating margin of 14.9% and adjusted operating margin(1) of 18.3%.Net income of $237 million and adjusted net income(1) of $297 million.Adjusted EBITDA(1) of $668 million.Cash, cash equivalents and marketable securities of $3.3 billion. "In the second quarter, GF delivered financial results at the upper end of the guidance ranges we provided in our May earnings release" said Dr. Thoma

MALTA, N.Y., July 05, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, August 8, 2023, at 8:30 a.m. ET following the release of the company's second quarter 2023 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, August 8, 2023, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries Inc. (GF) is one of th

MALTA, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the first quarter ended March 31, 2023. Key First Quarter Financial Highlights Revenue of $1,841 million.Gross margin of 28.0% and adjusted gross margin(1) of 28.5%.Operating margin of 15.8% and adjusted operating margin(1) of 17.7%.Net income of $254 million and adjusted net income(1) of $290 million.Adjusted EBITDA(1) of $655 million.Cash, cash equivalents and marketable securities of $3,232 million. "In the first quarter, amidst a continued uncertain macroeconomic and cyclical backdrop, GF delivered solid results that are consistent with the guidance

MALTA, N.Y., April 04, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, May 9, 2023, at 8:30 a.m. ET following the release of the company's first quarter 2023 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 9, 2023, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GlobalFoundries GlobalFoundries Inc. (GF) is on

MALTA, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2022. Key Fourth Quarter Financial Highlights Revenue of $2,101 million, up 14% year-over-year.Gross margin of 29.6% and adjusted gross margin of 30.1%.Net income of $668 million.Adjusted EBITDA of $821 million.Cash, cash equivalents and marketable securities of $3,346 million. Key Full Year 2022 Financial Highlights Revenue of $8,108 million, up 23% year-over-year.Gross margin of 27.6% and adjusted gross margin of 28.4%.Net income margin of 17.8% and adjusted EBITDA margin of 38.1%. "Our revenue i

MALTA, N.Y., Jan. 06, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced that it will host a conference call on Tuesday, February 14, 2023, at 8:30 a.m. ET following the release of the company's fourth quarter and full-year 2022 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 14, 2023, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GF's Investor Relations website at https://investors.gf.com. About GF GlobalFoundries Inc. (GF)

MALTA, N.Y., Nov. 08, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the third quarter ended September 30, 2022. Key Third Quarter Financial Highlights Record revenue of $2.1 billion, up 22% year-over-year.Record gross margin of 29.4% and adjusted gross margin of 29.9%.Record operating margin of 17.2% and adjusted operating margin of 18.8%.Record net income of $336 million and adjusted net income of $368 million.Record adjusted EBITDA of $793 million.Cash, cash equivalents and marketable securities of $3.5 billion. "In the third quarter, the GF team continued to execute on its co

MALTA, New York, Oct. 03, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, November 8, 2022 at 8:30 a.m. ET following the release of the company's third quarter 2022 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, November 8, 2022 at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GF's Investor Relations website at https://investors.gf.com. About GlobalFoundries GlobalFoundries Inc. (GF) is one

MALTA, N.Y., Aug. 09, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the second quarter ended June 30, 2022. Key Second Quarter Financial Highlights Record revenue of $1.99 billion, up 23% year-over-year.Record gross margin of 27.0% and adjusted gross margin of 28.0%.Record operating margin of 14.9% and adjusted operating margin of 17.6%.Record net income of $264 million and adjusted net income of $317 million.Record adjusted EBITDA margin of 39.3%.Cash and cash equivalents and marketable securities of $3.3 billion. "In the second quarter, the GF team delivered on its commitments to customers and shareholders," sai

MALTA, N.Y., July 06, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, August 9, 2022, at 8:30am ET following the release of its second quarter 2022 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, August 9, 2022, at 8:30am ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GF's Investor Relations website at https://investors.gf.com. 2022 Capital Markets Day Following the second quarter financial results on

MALTA, N.Y., May 10, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the first quarter ended March 31, 2022. Key First Quarter Financial Highlights Record revenue of $1.94 billion, up 37% year-over-year.Record gross margin of 24.2% and adjusted gross margin of 25.3%.Record operating margin of 11.6% and adjusted operating margin of 14.4%.Record net income of $178 million and adjusted net income of $232 million.Record adjusted EBITDA margin of 36.0%.Cash and cash equivalents of $3.26 billion. "In the first quarter the GF team delivered on its commitments to customers and shareholders," said GF CEO Dr. Thomas Cau

MALTA, N.Y., April 05, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, May 10, 2022, at 4:30pm EDT following the release of its first quarter 2022 financial results after market close. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 10, 2022, at 4:30pm EDT. Interested parties may join the scheduled conference call by dialing the following numbers: Within the U.S.: 1-877-788-0411Outside the U.S.: 1-615-489-8522Participant Passcode:8265345 The company's financial results and a webcast of the conference call will be available on GF's Investor Rel

MALTA, N.Y., Feb. 08, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2021. Key Fourth Quarter Financial Highlights Record revenue of $1.85 billion, up 9% sequentially.Record gross margin of 20.8% and adjusted gross margin of 21.5%.Record operating margin of 5% and adjusted operating margin of 8%.Net income margin of 2% and adjusted EBITDA margin of 32%.Cash and cash equivalents of $2.9 billion. Key Full Year 2021 Financial Highlights Revenue of $6.6 billion, up 36% year-over-year.Record gross margin of 15% and adjusted gross margin of 16%.Net income margin of -4% and

MALTA, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its fourth quarter and full year 2021 financial results after market close. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST). Interested parties may join the scheduled conference call by dialing the following numbers:   Within the U.S.:1-877-788-0411 Outside the U.S.:1-615-489-8522 Participant Passcode:8285067 The company's financial r

MALTA, N.Y., Nov. 30, 2021 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (NASDAQ:GFS) today announced financial results for the third quarter ended September 30, 2021. Key Third Quarter Financial Highlights Revenue of $1.7 billion, up 5% sequentially, reflecting ongoing demand for our differentiated technologiesRecord gross margins of 17.6% and adjusted gross margins of 18%.Record adjusted EBITDA margins of 30% which grew 84% year-over-year demonstrating continued progress to our target operating model.Cash flows from operations of $1.1 billion. "The third quarter marked the ongoing acceleration of our strategy to lead in the pervasive semiconductor market and demonstrated continued pro

MALTA, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, November 30, 2021, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its third quarter of fiscal year 2021 financial results after market close. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, November 30, 2021, at 4:30pm U.S. Eastern Standard Time (EST). Interested parties may join the scheduled conference call by dialing the following numbers:  Within the U.S.:1-877-788-0411 Outside the U.S.:1-615-489-8522 Participant Passcode:  5743266 The Compan