Wolfspeed, Inc. Scheduled to Report Q1 Earnings on November 4
Wolfspeed, Inc. (WOLF) is set to release its first-quarter earnings results after the market closes on Wednesday, November 4th. Market analysts are anticipating a significant year-over-year decline, with a consensus EPS estimate of -$1.99 and revenue projected at $150 million. The financial outlook reflects ongoing volatility for the semiconductor company. While there has been one upward revision to EPS estimates over the last three months, revenue projections have faced downward pressure. Despite these quarterly headwinds, Wolfspeed continues to secure strategic long-term supply agreements in the silicon carbide (SiC) sector with partners such as BorgWarner and Infineon.
Topics: earnings_announcement semiconductors silicon_carbide supply_deals