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  "documentTitle": "GlobalFoundries | Results Presentation Deck | 21 slides",
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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "Net revenue $ 1,418 $ 1,620 $ 1,700 $ 1,847 $ 1,940 $ 1,993 $ 2,074 $ 2,101 $ 1,841 $ 1,845\nCost of sales 1,319 1,389 1,400 1,463 1,471 1,455 1,464 1,479 1,326 1,313\nGross profit $ 99 $ 231 $ 300 $ 384 $ 469 $ 538 $ 610 $ 622 $ 515 $ 532\nOperating expenses:\nResearch and development 103 132 114 130 128 120 124 110 109 106\nSales, marketing, general and administrative 91 202 134 167 116 121 129 130 111 132\nRestructuring charges 94 5 19\nTotal operating expenses $ 194 $ 334 $ 248 $ 297 $ 244 $ 241 $ 253 $ 334 $ 225 $ 257\nOperating profit (loss) $ (95) $ (103) $ 52 $ 87 $ 225 $ 297 $ 357 $ 288 $ 290 $ 275\nFinance income (expense), net (28) (28) (27) (26) (28) (19) (11) (2) 1\nGain on sale fabrication facility 403\nOther income (expense) 7 (23) 2 8 10 16 9 (13) (14) (10)\nIncome tax expense (11) (20) (22) (26) (29) (30) (19) (8) (23) (28)\nNet income (loss) $ (127) $ (174) $ 5 $ 43 $ 178 $ 264 $ 336 $ 668 $ 254 $ 237\nAttributable to:\nShareholders of GlobalFoundries (126) (173) 6 44 179 264 337 668 254 240\nNon-controlling interest (1) (1) (1) (1) (1) (1) (3)\nEarnings (loss) per share (\"EPS\"):\nBasic $ (0.25) $ (0.35) $ 0.01 $ 0.08 $ 0.34 $ 0.49 $ 0.62 $ 1.22 $ 0.46 $ 0.43\nDiluted $ (0.25) $ (0.35) $ 0.01 $ 0.08 $ 0.33 $ 0.48 $ 0.61 $ 1.21 $ 0.46 $ 0.43\nShares used in earnings (loss) per share calculation\nBasic 500 500 500 522 532 535 543 546 550 552\nDiluted 500 500 512 540 549 550 553 554 555 556",
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