earnings
confidence high
sentiment negative
materiality 0.80
Wolfspeed Q3 FY2025 revenue $185M, GAAP loss per share $1.86, non-GAAP loss $0.72
WOLFSPEED, INC.
2025-Q3 EPS
reported -$6.88
vs consensus -$0.65
▼ miss
(-953.9%)
- Revenue $185M, down 8% YoY from $201M; GAAP gross margin negative 12% vs positive 11% a year ago.
- GAAP loss per share ($1.86) vs ($1.18) prior year; non-GAAP loss per share ($0.72) vs ($0.62).
- Mohawk Valley Fab revenue grew to $78M from $28M; underutilization costs $26.3M.
- Completed $200M ATM offering, received $192M in Section 48D tax refunds, appointed Robert Feurle as CEO.