Wolfspeed (WOLF) Misses Q3 EPS by $2.70, provides guidance
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Revenue Growth %: +15.4%
Financial Fact:
Net loss: -846K
Today's EPS Names:
FCNCA, FCNCA, RCBC, More
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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.
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