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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 ...
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 ...
Wolfspeed's shares have fallen about 33% so far this year, after losing about 85% of their value in 2024. Chipmaker Wolfspeed's shares fell 23% on Friday after it raised going-concern doubts and ...
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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 ...
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 ...
Wolfspeed WOLF reported a third-quarter fiscal ... In the reported quarter, sales, general and administrative expenses were $41.1 million (22.2% of total revenues), down 26.3% year over year.
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.
Despite the EPS beat, the stock experienced a sharp decline of 18.74% in after-hours trading, closing at $3.60, as investors reacted to broader financial results and strategic announcements. According ...
DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — Wolfspeed, Inc. (WOLF) on Thursday reported a loss of $285.5 million in its fiscal third quarter. On a per-share basis, the Durham, North Carolina-based ...
According to InvestingPro data, Wolfspeed’s stock has shown significant volatility, with a beta of 1.62 and a dramatic 81.82% decline over the past year. The company’s current market ...
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