Wolfspeed (WOLF) Tops Q1 EPS by 14c

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Go back to Wolfspeed (WOLF) Tops Q1 EPS by 14c

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

October 30, 2023 4:05 PM EDT

Year-over-year Quarterly Revenue Growth of 4 Percent

Design-Ins Totaling $2.2 Billion; Record Design-Wins of more than $1 Billion

On Track to Meet 20 Percent Utilization Goal at the Mohawk Valley Fab in Fourth Quarter of Fiscal 2024

DURHAM, N.C.--(BUSINESS WIRE)-- Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.

Quarterly Financial Highlights (Continuing operations only. All comparisons are to the first quarter of fiscal 2023)

Consolidated revenue of $197.4 million, compared to $189.4... More