Wolfspeed slips after lower Q4 revenue
WOLF•Reporting note
(Reporting by Sudeshna Ghoshal in Bengaluru)
Shares fall after quarterly results
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Wolfspeed WOLF.N shares fall more than 12.4% to $25.47 in premarket trading
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Silicon carbide chipmaker's Q4 revenue fell 24.1% to $149.60 million from a year ago
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WOLF's reported EPS was a loss of $2.81
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Co expects Q1 fiscal 2027 revenue between $140 mln and $160 mln
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Up to last day's close, stock up 67% YTD
