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

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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