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Technology Stocks : Wolf speed
WOLF 26.32+0.6%Oct 31 9:30 AM EDT
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To: EvanG who wrote (10601)1/26/2023 11:16:02 PM
From: slacker7112 Recommendations

Recommended By
Lou Weed
OldAIMGuy

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Power + Materials decreased from $181.3 million to $171 million sequentially. Somehow that happened while Durham fab was "capped" on Power.


They said last quarter that lead times on spare parts was going to impact revenues in Power but the comment was that revs ended up better than expected. Weakness in materials was explained by longer cycle times for the longer boules causing a reduction in shipments.

but there's always an explanation. Ultimately, you have to execute and deliver the performance targets you have set.
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