GFS - GLOBALFOUNDRIES Inc. (GFS) Q1 2024 Earnings Call Transcript
2024-05-07 14:07:14 ET
GLOBALFOUNDRIES Inc. (GFS)
Q1 2024 Earnings Conference Call
May 07, 2024 08:30 AM ET
Company Participants
Sam Franklin - Vice President of Business Finance & Investor Relations
Thomas Caulfield - Chief Executive Officer
John Hollister - Chief Financial Officer
Niels Anderskouv - Chief Business Officer
Conference Call Participants
Vivek Arya - Bank of America Securities
Chris Caso - Wolfe Research
Harlan Sur - JP Morgan
Joseph Moore - Morgan Stanley
Christopher Danely - Citi
Ross Seymore - Deutsche Bank
CJ Muse - Cantor Fitzgerald
Mehdi Hosseini - Susquehanna International Group
Presentation
Operator
Good day and thank you for standing by. Welcome to the GLOBALFOUNDRIES Conference Call to review the First Quarter of Fiscal Year 2024 Financial Results. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker today, Sam Franklin, VP of Business Finance and Investor Relations. Please go ahead.
Sam Franklin
Thank you, operator. Good morning, everyone and welcome to GLOBALFOUNDRIES first quarter 2024 earnings call. On the call with me today are Dr. Thomas Caulfield, CEO; John Hollister, CFO; and Niels Anderskouv, Chief Business Officer. A short while ago, we released GF’s first quarter financial results, which are available on our website at investors.gf.com, along with today's accompanying slide presentation. This call is being recorded and a replay will be made available on our Investor Relations web page.
During this call, we will present both IFRS and adjusted non-IFRS financial measures. The most directly comparable IFRS measures and reconciliations for non-IFRS measures are available in today's press release and accompanying slides. I would remind you that these financial results are unaudited and subject to change. Certain statements on today's call may be deemed to be forward-looking statements. Such statements can be identified by terms such as believe, expect, intend, anticipate and may or by the use of the future tense. You should not place undue reliance on forward-looking statements. Actual results may differ materially from these forward-looking statements and we do not undertake any obligation to update any forward-looking statements we make today.
For more information about factors that may cause actual results to differ materially from forward-looking statements, please refer to the press release we issued today as well as risks and uncertainties described in our SEC filings, including in the sections under the caption Risk Factors in our annual report on Form 20-F filed with the SEC on April 29, 2024.
We will begin today's call with Tom providing a summary update on the current business environment and technologies, following which John will provide details on our end markets and first quarter results, and also provide second quarter 2024 guidance. We will then open the call for questions with Tom, John and Niels. We request that you please limit your questions to one with one follow-up....
GLOBALFOUNDRIES Inc. (GFS) Q1 2024 Earnings Call Transcript