Wolfspeed (WOLF) Reports Q4 Loss, Beats Revenue Estimates

Wolfspeed (WOLF) came out with a quarterly loss of $0.77 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to a loss of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.94%. A quarter ago, it was expected that this maker of energy-efficient lighting would post a loss of $0.82 per share when it actually produced a loss of $0.72, delivering a surprise of +12.2%.Over the last four quarters, t ...