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Wolfspeed (NYSE:WOLF) recently appointed David Emerson as Chief Operating Officer, focusing on enhancing operational efficiency in their silicon carbide manufacturing. The company also welcomed two ...
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Wolfspeed Q3 Earnings Beat Estimates, Revenues Decline Y/YIn the reported quarter, sales, general and administrative expenses were $41.1 million (22.2% of total revenues), down 26.3% year over year. Wolfspeed price-consensus-eps-surprise-chart ...
These leadership changes occur amid challenging financial results, with Q3 sales declining to $185.4 million and an increased net loss of $285.5 million. These... Wolfspeed (NYSE:WOLF) recently ...
Shares of Wolfspeed (NYSE: WOLF) are crashing on Friday. The chipmaker's stock plunged 25.8% as of 3:32 p.m. ET and was down as much as 29.3% earlier in the day. The steep decline comes as the S&P ...
Even if refinancing or asset sales provide short-term relief ... will only elongate the inevitable financial decline of Wolfspeed. At the close of q3’25, Wolfspeed’s financial position ...
See the 10 stocks » Wolfspeed's stock is down more than ... the reality today is that the company's revenue is in decline. Sales in its 2025 fiscal first quarter, ended this past Sept.
AI's need for semiconductor products provides Wolfspeed ... sales explode in its data center business. AMD's data center revenue rose 122% year over year to a record $3.5 billion in its fiscal Q3 ...
Wolfspeed reported a non-GAAP gross margin of 2.2%, down from 14.9% reported in the year-ago quarter. Underutilization costs of $26.3 million negatively impacted gross margin in the reported quarter.
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