GLOBALFOUNDRIES(GFS) - 2022 Q4 - Annual Report

GlobalFoundries Reports Fourth Quarter and Fiscal Year 2022 Financial Results Record Revenue, Gross Margin, Adjusted EBITDA, and Net Income Malta, New York, February 14, 2023 - 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. • A ...