secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2023-08-16T23:59:59+00:00
Accession:  0000895419-23-000053
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed Q4 FY2023: revenue $235.8M, GAAP EPS loss $0.91, design-ins $1.6B
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- Revenue of $235.8M, up 3% YoY from $228.5M; full-year revenue $921.9M (+24% YoY).
- GAAP gross margin fell to 27.4% from 34.5%; non-GAAP gross margin 29.0% from 36.5%.
- GAAP net loss from continuing ops $113.3M ($0.91 per share) vs $61.8M loss a year ago.
- Non-GAAP net loss $52.8M (-$0.42 per share) vs $26.0M loss a year ago.
- Full fiscal year design-ins totaled $8.3B; quarterly design-ins $1.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000089541923000053/0000895419-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000089541923000053/wolf-20230816.htm
  HTML page:      https://secwatch.observer/filing/0000895419-23-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer