DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in innovative silicon carbide power solutions, today announced a collaboration with Hopewind, a global innovator in renewable energy solutions. Together, the two companies will advance the development of the next generation of wind power solutions by integrating Wolfspeed's cutting-edge 2.3kV LM Pack Module into Hopewi...
Wolfspeed which came out of a quick Chapter 11 bankruptcy, was on a fine run until last week when its Q1 results were announced. Positive YoY revenue growth of 1% was the first in 6 quarters, but this appears to be a temporary boost from accelerated purchases that won't be repeated. Softness still continues to dominate WOLF's markets, and the upcoming Q2 revenue of $170m will likely be the lowe...
Silicon carbide semiconductor solutions provider Wolfspeed, Inc., emerged from bankruptcy in late September with a substantially improved balance sheet and decent liquidity. Last week, WOLF reported Q1/FY2026 results largely in line with muted expectations. However, management now expects market weakness to persist for the entire fiscal year. In addition, the recent bankruptcy appears to have r...
One of the worst stocks on Wall Street that hardly anybody talked about yesterday was Wolfspeed Inc (NYSE:WOLF), which dropped 18.2% to close at $26.16.
Wolfspeed beat Wall Street's sales and earnings targets for fiscal Q1, but there was a big catch. The company issued weak sales guidance for the current quarter.
Wolfspeed had to file Chapter 11 bankruptcy due to its debt load. While that helped, this company still saw its revenue drop and losses increase in its most recent fiscal year.
Wolfspeed, Inc. ( WOLF ) Q1 2026 Earnings Call October 29, 2025 5:00 PM EDT Company Participants Tyler Gronbach - Vice President of Investor Relations Robert Feurle - CEO & Director Gregor Issum - Executive VP & CFO Presentation Tyler Gronbach Vice President of Investor Relations Good afternoon, everyone. Welcome to Wolfspeed's Fiscal First Quarter 2026 Earnings Conference Call.
Wolfspeed on Wednesday reported a weaker first-quarter profit, highlighting the challenges facing the U.S. chipmaker as it recovers from bankruptcy and confronts subdued demand, sending its shares down more than 7% in extended trading.
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