Reports Q1 revenue $1.64B, consensus $1.63B. “GF delivered strong results in the first quarter, with all of our Non-IFRS profitability metrics at or above the high end of the respective guidance ranges,” said Tim Breen, CEO of GlobalFoundries (GFS). “Thanks to the excellent execution from our teams around the world and the relentless focus on delivering for our customers, GF made significant traction in secular growth end markets where our differentiated technology drives share growth and outsized value creation.”
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