GLOBALFOUNDRIES reports Q2 earnings; sees Q3 revenue and EPS above estimates
GLOBALFOUNDRIES press release  (NASDAQ:GFS): Q2  Non-GAAP EPS of $0.58  beats by $0.13.
Revenue of $1.99B (+22.8% Y/Y)  beats by $20M.

Q3 2022 Outlook:Â Net revenue of $2,035M - $2,065M vs. consensus of $1.99B; Diluted EPS of $0.50 - $0.58; Adjusted Diluted EPS of $0.59 - $0.65 vs. consensus of $0.44;Â AdjustedÂ Gross Profit ofÂ $580M - $609M;Â Adjusted EBITDA of $775M - $813M.