==Wolfspeed (WOLF) reported earnings on Wed 17 Aug 22 (a/h)

 

Wolfspeed beats by $0.08, beats on revs; guides Q1 (Sep) EPS in-line, revs above consensus; expects FY26 revs +30-40% higher than previous forecast

• Reports Q4 (Jun) loss of $(0.02) per share, excluding non-recurring items, $0.08 better than the S&P Capital IQ Consensus of $(0.10); revenues rose 56.7% year/year to $228.5 mln vs the $207.58 mln S&P Capital IQ Consensus.
• Co issues guidance for Q1 (Sep), sees EPS of $(0.02)-$(0.08), excluding non-recurring items, vs. $(0.07) S&P Capital IQ Consensus; sees Q1 revs of $232.5-247.5 mln vs. $224.45 mln S&P Capital IQ Consensus.
• Expects FY26 revenue 30-40% higher than the $2.1 bln forecasted last year.