Wolfspeed Fiscal Q4 Non-GAAP Loss Widens, Revenue Declines
MT Newswires Live
Aug 20
Wolfspeed (WOLF) reported a fiscal Q4 non-GAAP loss late Wednesday of $2.26 per diluted share, wider than a loss of $0.77 a year earlier.
A single analyst polled by FactSet expected a loss of $2.45
Revenue for the quarter ended June 28 fell to $149.6 million from $197 million a year earlier.
One analyst expected $150 million.
The company expects fiscal Q1 revenue of between $140 million and $160 million. A single analyst expects $150.4 million.
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