Wolfspeed, Inc. Reports Fiscal Q1 2027 Financial Results

Wolfspeed reported fiscal Q1 2027 revenue of $155.0 million, above the FactSet consensus estimate of $149.9 million. Its adjusted loss was $2.03 per share, slightly wider than the estimated loss of $1.99 per share. For fiscal Q2 2027, the company forecast revenue of $155.0 million to $175.0 million.