GLOBALFOUNDRIES (GFS) Tops Q3 EPS by 7c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
GlobalFoundries Reports Third Quarter 2022 Financial Results
November 8, 2022 7:00 AM ESTMALTA, 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... More