Benzinga | Jan 26, 2022 04:40PM EST

Wolfspeed Q2 EPS $(0.16) Beats $(0.18) Estimate, Sales $173.10M Beat $169.30M Estimate

Wolfspeed (NYSE:WOLF) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.18) by 11.11 percent. This is a 33.33 percent increase over losses of $(0.24) per share from the same period last year. The company reported quarterly sales of $173.10 million which beat the analyst consensus estimate of $169.30 million by 2.24 percent. This is a 36.30 percent increase over sales of $127.00 million the same period last year.