Wolfspeed Reports Financial Results for the Fourth Quarter and Full Fiscal Year 2023

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Go back to Wolfspeed Reports Financial Results for the Fourth Quarter and Full Fiscal Year 2023

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

August 16, 2023 4:08 PM EDT

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... More