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

Go back to Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2024

Wolfspeed (WOLF) stock retreats on soft FQ3 sales outlook

January 31, 2024 4:34 PM EST

Wolfspeed (NASDAQ: WOLF), a company specializing in silicon carbide and gallium nitride technologies, saw its stock retreat in after-hours trading Wednesday after the company reported its financial results for the second quarter.

The company's earnings per share (EPS) were reported at a loss of... More

Wolfspeed (WOLF) Tops Q2 EPS by 8c, Q2 Revenue Guidance Misses Estimates

January 31, 2024 4:09 PM EST

Wolfspeed (NYSE: WOLF) reported Q2 EPS of ($0.55), $0.08 better than the analyst estimate of ($0.63). Revenue for the quarter came in at $208.4 million versus the consensus estimate of $206.19 million.

GUIDANCE:

Wolfspeed sees Q3 2024 EPS of ($0.57)-($0.69), versus the consensus of ($0.63). Wolfspeed sees... More