Free Trial

Wolfspeed Q2 2023 Earnings Report

Wolfspeed logo
$10.52 -0.58 (-5.23%)
(As of 12/3/2024 ET)

Wolfspeed EPS Results

Actual EPS
-$0.28
Consensus EPS
-$0.31
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Wolfspeed Revenue Results

Actual Revenue
$216.10 million
Expected Revenue
$225.62 million
Beat/Miss
Missed by -$9.52 million
YoY Revenue Growth
N/A

Wolfspeed Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

“Fed Proof” Your Bank Account with THESE 4 Simple Steps (Ad)

Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.

Learn these 4 simple steps and protect your savings before it’s too late.

Wolfspeed Earnings Headlines

Lock in this disruptor’s share price before 12/5
Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they’ve joined forces to launch a venture transforming the $1.3T vacation home market – and the results are already turning heads. This company is leading the co-ownership revolution, offering buyers a chance to own a fraction of a luxury vacation home instead of the entire thing. It’s a model that’s unlocked new demand and earned them over $100M in gross profits in four years.
See More Wolfspeed Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Wolfspeed? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Wolfspeed and other key companies, straight to your email.

About Wolfspeed

Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.

View Wolfspeed Profile

More Earnings Resources from MarketBeat