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WOLF

Wolfspeed Inc

$109.84

Earnings Summary

Revenue
$188Mn
Net Profits
$-66.5Mn
Net Profit Margins
-35.37%

Highlights

Revenue:

Wolfspeed Inc’s revenue jumped 36.93% since last year same period to $188Mn in the Q1 2022. On a quarterly growth basis, Wolfspeed Inc has generated 8.61% jump in its revenue since last 3-months.

Net Profits:

Wolfspeed Inc’s net profit jumped 38.93% since last year same period to $-66.5Mn in the Q1 2022. On a quarterly growth basis, Wolfspeed Inc has generated 31.23% jump in its net profits since last 3-months.

Net Profit Margins:

Wolfspeed Inc’s net profit margin jumped 55.4% since last year same period to -35.37% in the Q1 2022. On a quarterly growth basis, Wolfspeed Inc has generated 36.68% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Wolfspeed Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.1
EPS Estimate Current Year
-0.1

Highlights

EPS Estimate Current Quarter:

Wolfspeed Inc’s earning per share (EPS) estimates for the current quarter stand at -0.1 - a 28.57% jump from last quarter’s estimates.

EPS Estimate Current Year:

Wolfspeed Inc’s earning per share (EPS) estimates for the current year stand at -0.1.

Key Ratios

Key ratios of the Wolfspeed Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.12
Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.18
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Wolfspeed Inc’s earning per share (EPS) jumped 45.45% since last year same period to -0.12 in the Q1 2022. This indicates that the Wolfspeed Inc has generated 45.45% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wolfspeed Inc’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wolfspeed Inc’s return on equity (ROE) stands at -0.18.

Dividend Per Share (DPS):

Wolfspeed Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.14
-0.12
14.29%

Company Information

Cree is an innovator of Wolfspeed® power and radio frequency (RF) semiconductors and lighting class LEDs. Cree's Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. Cree's LED product families include blue and green LED chips, high-brightness LEDs and lighting-class power LEDs targeted for indoor and outdoor lighting, video displays, transportation and specialty lighting applications.

Organisation
Wolfspeed Inc
Headquarters
Durham, North Carolina, US
Employees
5.13K
CEO
Gregg Lowe