{"schema_version":"secwatch.filing_event.v1","accession":"0000895419-23-000023","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.701517+00:00","generated_at":"2026-06-16T14:56:30.692086+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wolfspeed Q3 FY2023 revenue up 22% to $228.7M; GAAP net loss widens to $99.5M; first Mohawk Valley product shipped","bullets":["Revenue $228.7M (+22% YoY); GAAP net loss $99.5M ($0.80 loss per share) vs $66.5M loss last year.","Non-GAAP net loss $16.0M ($0.13 loss per share); Non-GAAP gross margin 32.3% vs 36.3% a year ago.","Design-ins totaled $1.7B in Q3, $6.7B year-to-date.","First product shipped from Mohawk Valley 200mm silicon carbide fab; adjusting FY2024 revenue target to $1B-$1.1B.","Q4 FY2023 guidance: revenue $212M-$232M; GAAP net loss $98M-$108M."],"urls":{"canonical":"https://secwatch.observer/filing/0000895419-23-000023","json":"https://secwatch.observer/filing/0000895419-23-000023.json","markdown":"https://secwatch.observer/filing/0000895419-23-000023.md","text":"https://secwatch.observer/filing/0000895419-23-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000089541923000023/0000895419-23-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000089541923000023/wolf-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T14:56:30.692086+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"41140ddd2b068d27b90412679df02d570231185c","claim":"WOLFSPEED, INC. reported the fourth quarter of fiscal 2023 results: revenue in a range of $212 million to $232 million, net income at $98 million to $108 million, EPS $0.79 to $0.87 per diluted share. Guidance initiated.","evidence_excerpt":"For its fourth quarter of fiscal 2023, Wolfspeed targets revenue in a range of $212 million to $232 million. GAAP net loss is targeted at $98 million to $108 million, or $0.79 to $0.87 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000089541923000023/0000895419-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of fiscal 2023"},{"label":"Revenue","value":"in a range of $212 million to $232 million"},{"label":"Net income","value":"at $98 million to $108 million"},{"label":"EPS","value":"$0.79 to $0.87 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"930895e138ec74efffe7acf9130c031d76ced9f9","claim":"WOLFSPEED, INC. reported fiscal 2024 results: revenue in a range of $1 billion to $1.1 billion.","evidence_excerpt":"For fiscal 2024, Wolfspeed now targets revenue in a range of $1 billion to $1.1 billion, based on the current ramp plan for 200mm silicon carbide substrate capacity.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000089541923000023/0000895419-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024"},{"label":"Revenue","value":"in a range of $1 billion to $1.1 billion"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"d7362bbf7d241bdfee159be299ba6f84d18111aa","claim":"WOLFSPEED, INC. reported the fiscal third quarter ended March 26, 2023 results: revenue $228.7 million, net income $99.5 million, EPS $0.80 per diluted share.","evidence_excerpt":"Quarterly Financial Highlights (all comparisons are to the third quarter of fiscal 2022, unless otherwise noted) • Revenue of $228.7 million, compared to $188.0 million • GAAP gross margin of 29.8%, compared to 34.0% • Non-GAAP gross margin of 32.3%, compared to 36.3% • GAAP net loss of $99.5 million, or $0.80 per diluted share, compared to $66.5 million, or $0.54 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000089541923000023/0000895419-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended March 26, 2023"},{"label":"Revenue","value":"$228.7 million"},{"label":"Net income","value":"$99.5 million"},{"label":"EPS","value":"$0.80 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}