FINWIRES · TerminalLIVE
FINWIRES

Wolfspeed Fiscal Q3 Non-GAAP Loss Widens, Revenue Decreases; Share Down Pre-Bell

By

-- Wolfspeed (WOLF) reported a fiscal Q3 non-GAAP loss late Tuesday of $3.26 per diluted share, widening from a loss of $0.72 a year earlier.

An analyst polled by FactSet expected a loss of $3.78.

Revenue for the quarter ended March 29 was $150.2 million, down from $185.4 million a year earlier.

An analyst surveyed by FactSet expected $150 million.

The company's shares were down more than 13% in premarket activity Wednesday.

Price: $31.79, Change: $-4.84, Percent Change: -13.21%

Related Articles

Mining & Metals

Earnings Flash (SDE.TO) Spartan Delta Corp. Increased 2026 Guidance and Increase To Credit Facility

$SDE.TO
Asia

ValueMax Raises SG$24 Million Through Digital Securities Issuance

ValueMax (SGX:T6I) raised over SG$23.9 million through the issuance of digital securities on the SDXX platform, according to a Wednesday filing with the Singapore Exchange.The issuance will be listed on the SDXX platform on May 7, the filing added.

$SGX:T6I
Mining & Metals

Earnings Flash (ADEN.TO) ADENTRA Posted Q1 Adjusted EPS US$0.38 per Share, vs. FactSet Est of $0.31

$ADEN.TO