TECH - Wolfspeed Stock Surges After-Hours On Mixed Q1 Results | Benzinga
Wolfspeed Inc (NYSE: WOLF) shares are trading higher in Monday's after-hours session after the company reported first-quarter earnings. Here's a summary of the details.
What To Know: Wolfspeed reported earnings per share of losses of 53 cents, beating the estimate of losses of 67 cents, up 4% year-over-year. The company posted revenue of $197.4 million, missing the $207.64 million estimate.
Additionally, the company reported device design-ins of $2.2 billion.
Wolfspeed ...