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Wolfspeed Q2 2024 Earnings Report

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$7.36 +0.19 (+2.65%)
As of 03:58 PM Eastern

Wolfspeed EPS Results

Actual EPS
-$0.69
Consensus EPS
-$0.79
Beat/Miss
Beat by +$0.10
One Year Ago EPS
N/A

Wolfspeed Revenue Results

Actual Revenue
$208.40 million
Expected Revenue
$205.94 million
Beat/Miss
Beat by +$2.46 million
YoY Revenue Growth
N/A

Wolfspeed Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Wolfspeed Earnings Headlines

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About Wolfspeed

Wolfspeed (NYSE:WOLF) 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.

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