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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST
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To: Return to Sender who wrote (90086)4/26/2023 7:50:57 PM
From: Return to Sender1 Recommendation

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Wolfspeed beats by $0.02, beats on revs; guides Q4 EPS below consensus, revs below consensus; guides FY24 revs below consensus

4:12 PM ET 4/26/23 | Briefing.com
Reports Q3 (Mar) loss of $0.13 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.15); revenues rose 1117.4% year/year to $2.29 bln vs the $0.22 bln S&P Capital IQ Consensus. Co issues downside guidance for Q4, sees EPS of $(0.17-0.23), excluding non-recurring items, vs. ($0.12) S&P Capital IQ Consensus; sees Q4 revs of $212-232 mln vs. $234.63 mln S&P Capital IQ Consensus. Co issues downside guidance for FY24, sees FY24 revs of $1.0-1.1 bln vs. $1.31 bln S&P Capital IQ Consensus.

WOLF Down After Their Report 7.5% ... RTS
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