Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

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Wolfspeed (WOLF) Tops Q1 EPS by 14c

October 30, 2023 4:10 PM EDT

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... More