Wolfspeed (WOLF) Tops Q1 EPS by 14c

Wolfspeed (NYSE: WOLF) reported Q1 EPS of ($0.53), $0.14 better than the analyst estimate of ($0.67). Revenue for the quarter came in at $197.4 million versus the consensus estimate of $196.21 million.

GUIDANCE:

Wolfspeed sees Q2 2024 EPS of ($0.56)-($0.70), versus the consensus of ($0.69). Wolfspeed sees Q2 2024 revenue of $192-222 million, versus the consensus of $221.31 million.

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

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