Wolfspeed (WOLF) Misses Q4 EPS by 22c, Guidance Misses

Wolfspeed (NYSE: WOLF) reported Q4 EPS of ($0.42), $0.22 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $235.8 million versus the consensus estimate of $224.53 million.

GUIDANCE:

Wolfspeed sees Q1 2024 EPS of ($0.60)-($0.75), versus the consensus of ($0.30). Wolfspeed sees Q1 2024 revenue of $220-240 million, versus the consensus of $235.5 million.

For earnings history and earnings-related data on Wolfspeed (WOLF) click here.

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