Here's a detailed look inside the Q4 earnings report from Wolfspeed.
Wolfspeed Inc (NYSE:WOLF) posted mixed fourth-quarter results after Wednesday’s closing bell, missing the Street’s revenue estimate. Here’s a look at the details inside the report.
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Wolfspeed Q4 Details
Wolfspeed reported a quarterly adjusted loss of $2.26 per share, which beat the consensus estimate for losses of $2.45, according to Benzinga Pro data.
Quarterly revenue came in at $149.6 million, which missed the $224.48 million Street estimate.
Wolfspeed (WOLF) stock drops in premarket trading following mixed Q4 results, a revenue miss, and ongoing margin pressure.
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