Wolfspeed, based in Durham, North Carolina, specializes in wide bandgap semiconductors, particularly silicon carbide and gallium nitride, for power and RF applications, employing 4,802 people. Its products support energy efficiency and sustainability in sectors like electric vehicles and renewable energy.
Wolfspeed (WOLF) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Wolfspeed's actual EPS was -$0.95, beating the estimate of -$1.04 per share, resulting in a 9.07% surprise.
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