Wolfspeed (NYSE: WOLF) reported Q3 EPS of ($3.26), $2.70 worse than the analyst estimate of ($0.56). Revenue for the quarter came in at $150.2 million versus the consensus estimate of $209.76 million.

GUIDANCE:

Wolfspeed sees Q4 2026 revenue of $140-160 million, versus the consensus of $156.9 million.

The Company expects operating expenses to be approximately flat with the fiscal third quarter and gross margins to remain negative in the fourth quarter.

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