Wolfspeed earnings missed by $0.06, revenue topped estimates

Investing.com - Wolfspeed (NYSE: WOLF) reported fourth quarter EPS of $-0.77, $0.06 worse than the analyst estimate of $-0.71. Revenue for the quarter came in at $197M versus the consensus estimate of $192.04M.

Wolfspeed’s stock price closed at $1.32. It is down -1.49% in the last 3 months and down -89.22% in the last 12 months.

Wolfspeed saw 3 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See Wolfspeed’s stock price’s past reactions to earnings here.

According to InvestingPro, Wolfspeed’s Financial Health score is "weak performance".

Check out Wolfspeed’s recent earnings performance, and Wolfspeed’s financials here.

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