Wolfspeed (WOLF) Tops Q1 EPS by 14c

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