GlobalFoundries Results Presentation Deck
Q2'22 Guidance
(Unaudited, in millions USD except per share amounts)
Net revenue
Gross Profit
Gross Margin (mid-point)
Operating Profit
Operating Margin (mid-point)
Net Income
Net Income Margin (mid-point)
Diluted EPS
Adjusted EBITDA
Adj. EBITDA Margin (mid-point)
IFRS
$1,955 $1,985
$470-$504
25%
$206 - $251
12%
$169 $211
10%
$0.31 $0.38
Share-based compensation
$27 - $33
$54- $66
$54- $66
Non-IFRS
Adjusted
GlobalFoundries © 2022 All Rights Reserved
$503 $531
26%
$272 $305
15%
$235- $265
13%
$0.43 $0.48
$705- $745
36.8%
Notes:
The guidance provided above contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created therein. The guidance includes management's beliefs and assumptions and is based on information currently available. GF has not provided a
reconciliation of its Second Fiscal Quarter outlook for adjusted Non-IFRS EBITDA and related Margin because estimates of all of the reconciling items cannot be provided without unreasonable efforts. Certain factors that are materially significant to GF's ability to estimate these items cannot be reasonably predicted.
Adjusted gross profit (loss), adjusted operating profit (loss), adjusted net income, and adjusted diluted EPS for a particular period are non-IFRS metrics and are defined as gross profit (loss), operating profit (loss), net income, and EPS before share-based compensation expense, respectively.
We define adjusted EBITDA as net income (loss), excluding the impact of interest expense, tax expense, depreciation, amortization, share-based compensation expense, transaction gains and associated expenses, restructuring charges and litigation settlements.
Adjusted margins are non-IFRS metrics and are defined as adjusted profit (loss) divided by revenue for a particular period (using definitions of adjusted gross profit, adjusted operating profit, adjusted net income, and adjusted EBITDA as appropriate).
GlobalFoundries™
13View entire presentation