Wolfspeed Sees Q2 2024 Revenue $192M-$222M Vs $221.31M Est
Portfolio Pulse from Benzinga Newsdesk
Wolfspeed has projected its Q2 2024 revenue to be between $192M and $222M, which is lower than the estimated $221.31M.
October 30, 2023 | 9:01 pm
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Wolfspeed's projected Q2 2024 revenue is lower than the estimated $221.31M, which could negatively impact its stock price.
Wolfspeed's projected revenue for Q2 2024 is lower than the estimated $221.31M. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100