WOLF News and Press, Wolfspeed Inc. From 01/25/23

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The All Cap Growth Strategy follows a focused, high...

Wolfspeed press release ( NYSE: WOLF ): Q2 Non-GAAP EPS of -$0.11 beats by $0.03 . Revenue of $216.1M (+24.8% Y/Y) misses by $10.68M . Shares -10.2% . GAAP gross margin of 31.0%, compared to 32.9% Non-GAAP gross margin of 33.6%, compared to 35.4% Quarte...

Year-over-year Quarterly Revenue Growth of 25 Percent; Design-Ins Totaling $1.5 Billion Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2023. Quarterly Financial Highlights (all comparisons are to the second quarter of fiscal 2022, unles...

Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, announced today that Stacy Smith has been appointed to the Company’s Board of Directors, effective January 23, 2023. Mr. Smith is the Executive Chairman of Kioxia Corporation (formerly Toshiba Memory Corporation...

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Multi Cap Growth Strategy takes a concentrated,...

Wolfspeed ( NYSE: WOLF ) is scheduled to announce Q2 earnings results on Wednesday, January 25th, after market close. The consensus EPS Estimate is -$0.14 and the consensus Revenue Estimate is $227.02M Over the last 2 years, WOLF has beaten EPS estimates 100% of the time a...

Summary Impinj leveraged tight supply concerns to raise its revenue by 51.06% (Y/Y), beating estimates by $3.52 million. The company introduced M780 and M781 RAIN RFID tag chips as the latest edition of its M700 RAIN RFID chip series with more format features. Impinj expects to have...

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Aggressive Growth Strategy follows a focused, h...

Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its second quarter fiscal 2023 results and business outlook on January 25, 2023, at 5:00 p.m. Eastern Time. After the close of the market on January 25, a...

Summary ON Semiconductor Corporation's CES presentation reaffirmed that the chipmaker remains on track to triple silicon carbide revenues in FY23, from $300m to $1b or more. ON Semiconductor Corporation also has solid visibility, with all of the supply capacity for auto/industrial marke...