Wolfspeed Q1 2024 Adj. EPS $(0.53) Beats $(0.67) Estimate, Revenue $197.4M Misses $207.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wolfspeed reported Q1 2024 adjusted EPS of $(0.53), beating the $(0.67) estimate. However, the company's revenue of $197.4M fell short of the $207.64M estimate.
October 30, 2023 | 8:25 pm
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Wolfspeed's Q1 2024 earnings beat EPS estimates but missed on revenue. This mixed result could lead to uncertainty in the market.
Wolfspeed's earnings report shows a beat on EPS but a miss on revenue. This mixed result could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
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