Wolfspeed (WOLF) Tops Q2 EPS by 8c, Q2 Revenue Guidance Misses Estimates

Wolfspeed (NYSE: WOLF) reported Q2 EPS of ($0.55), $0.08 better than the analyst estimate of ($0.63). Revenue for the quarter came in at $208.4 million versus the consensus estimate of $206.19 million.

GUIDANCE:

Wolfspeed sees Q3 2024 EPS of ($0.57)-($0.69), versus the consensus of ($0.63). Wolfspeed sees Q3 2024 revenue of $185-215 million, versus the consensus of $224 million.

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

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