Wolfspeed WOLF reported its Q1 earnings results on Wednesday, October 26, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Wolfspeed beat estimated earnings by 20.0%, reporting an EPS of $-0.04 versus an estimate of $-0.05.
Revenue was up $84.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 31.86% increase in the share price the next day.
Here's a look at Wolfspeed's past performance:
|Quarter||Q4 2022||Q3 2022||Q2 2022||Q1 2022|
To track all earnings releases for Wolfspeed visit their earnings calendar here.
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