WOLF News and Press, Wolfspeed Inc. From 04/27/23

2023-04-27 11:31:28 ET Summary Wolfspeed, Inc. guided to disappointing FY24 numbers. The semiconductor company is struggling to ramp up 200mm silicon carbide materials at a new plant. Wolfspeed, Inc. still forecasts 300% revenue growth by FY27 with the stock trading at 2x sale...

2023-04-27 08:33:26 ET Baudax Bio ( BXRX ) -55% on pricing $4M stock offering at $1.15/share. Impinj ( PI ) -28% after Q1 earning release . Wolfspeed ( WOLF ) -16% as delays from Mohawk Valley facility hurts guidance. Mobileye Global ( MBL...

2023-04-27 08:11:22 ET Wolfspeed ( NYSE: WOLF ) shares plunged more than 15% in pre-market trading on Thursday as the semiconductor company issued weaker-than-expected guidance, citing issues at its Mohawk Valley facility. Canaccord Genuity analyst George Gianarikas, who...

2023-04-26 20:46:05 ET Wolfspeed Inc. (WOLF) Q3 2023 Results Conference Call April 26, 2023. 05:00 PM ET Company Participants Tyler Gronbach - Vice President, Investor Relations Gregg Lowe - Chief Executive Officer Neill Reynolds - Chief Financial Officer C...

2023-04-26 16:08:46 ET Wolfspeed press release ( NYSE: WOLF ): Q3 Non-GAAP EPS of -$0.13 beats by $0.02 . Revenue of $228.7M (+21.6% Y/Y) beats by $8.62M . For its fourth quarter of fiscal 2023, Wolfspeed targets revenue in a range of $212 million to $232 m...

Year-over-year Quarterly Revenue Growth of 22 Percent; Design-Ins Totaling $1.7 Billion Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the third quarter of fiscal 2023. Quarterly Financial Highlights (all comparisons are to the third quarter of fiscal 2022, unless ...

2023-04-22 00:30:00 ET 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. Our goal is to outperf...

Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its third quarter fiscal 2023 results on Wednesday, April 26 th , 2023, at 5:00 pm Eastern Time. A live webcast of the earnings conference call along ...

2023-04-17 07:55:18 ET Wolfspeed ( NYSE: WOLF ) shares fell nearly 3% in premarket trading as J.P. Morgan downgraded the semiconductor company, citing the potential for the "higher likelihood" of negative catalysts in the near-term. Analyst Samik Chatterjee lowered his ratin...

2023-04-10 09:25:32 ET As the bear market drags on, it might be tempting to park all of your excess cash in stable income-generating investments like CDs and Treasury bills. However, bear markets can also be a great time for investors to accumulate shares of promising growth stocks -- as lo...