Wolfspeed Q1 Adj. EPS $(2.03) Misses $(1.99) Estimate, Sales $155.000M Beat $150.200M Estimate

Benzinga Newsdesk 7 hours ago

NewsEarningsEarnings BeatsEarnings Misses

Wolfspeed (NYSE:WOLF) reported quarterly losses of $(2.03) per share which missed the analyst consensus estimate of $(1.99) by 2.53 percent. This is a 269.09 percent decrease over losses of $(0.55) per share from the

Wolfspeed (NYSE:WOLF) reported quarterly losses of $(2.03) per share which missed the analyst consensus estimate of $(1.99) by 2.53 percent. This is a 269.09 percent decrease over losses of $(0.55) per share from the same period last year. The company reported quarterly sales of $155.000 million which beat the analyst consensus estimate of $150.200 million by 3.20 percent. This is a 21.24 percent decrease over sales of $196.800 million the same period last year.

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