GlobalFoundries Q4 Earnings Call Highlights

Fourth-quarter gross margin was about 29% , up 300 basis points sequentially and 360 basis points year-over-year. Operating profit was $335 million for an operating margin of 18.3% . GlobalFoundries posted fourth-quarter net income of about $310 million and diluted EPS of $0.55 on a fully diluted share count of about 560 million shares.Chief Financial Officer Sam Franklin reported fourth-quarter revenue of $1.83 billion , up 8% sequentially and flat year-over-year. The company shipped about 619,300 300mm-eq ...