GlobalFoundries reports Q1 2024 revenue at $1.5 billion, down 16% YOY

Briefing
Financial results

The company reported net income of $134 million

According to a May 7 press release, GlobalFoundries (GF) has reported first-quarter 2024 revenue at $1.5 billion, a decrease of 16% year over year compared with fiscal year 2023.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload