WOLF's second-quarter fiscal 2025 earnings beat estimates, but weak demand, factory underutilization and higher losses put pressure on its outlook.
The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product.
Wolfspeed, Inc. (NYSE:WOLF ) Q2 2025 Earnings Conference Call January 29, 2025 5:00 PM ET Company Participants Tyler Gronbach - Vice President, External Affairs Tom Werner - Executive Chairman Neill Reynolds - Chief Financial Officer Conference Call Participants Brian Lee - Goldman Sachs Jed Dorsheimer - William Blair George Gianarikas - Canaccord Samik Chatterjee - JPMorgan Jack Egan - Charter Equity Research Craig Irwin - Roth Capital Partners Harsh Kumar - Piper Sandler Operator Hello, everyone. Thank you for attending today's Wolfspeed Incorporated Q2 Fiscal Year 2025 Earnings Call.
Wolfspeed (WOLF) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to loss of $0.55 per share a year ago.
Wolfspeed's stock initially soared in extended trading Wednesday before pulling back to a slight loss, after the semiconductor company beat Wall Street's revenue expectations in its fiscal second-quarter results.
Chipmaker Wolfspeed topped Wall Street estimates for second-quarter revenue and reported a smaller-than-expected net loss on Wednesday, as the company made operational changes to accelerate its profitability.
Wolfspeed (WOLF -9.29%) was once a red-hot chip stock. The company had established an early-mover advantage in silicon carbide chips, which can operate at higher voltages, temperatures, and frequencies than traditional silicon chips.
WOLF's second-quarter fiscal 2025 results are expected to benefit from its strong position in the semiconductor market, especially in the EV sector.
In today's video, I discuss Wolfspeed (WOLF -1.13%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this massive company.
Wolfspeed (WOLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wolfspeed (WOLF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.