hist78
Well-known member
May 4, 2022 Update:
Added Wolfspeed earnings
Wolfspeed, Inc. (NYSE: WOLF), formerly known as Cree, Inc., today announced revenue of $188.0 million for its third quarter of fiscal 2022, ended March 27, 2022. This represents a 37% increase compared to revenue from continuing operations of $137.3 million reported for the third quarter of fiscal 2021, and a 9% increase compared to the second quarter of fiscal 2022. GAAP net loss from continuing operations was $66.5 million for the third quarter of fiscal 2022 and the third quarter of fiscal 2021. GAAP net loss per diluted share from continuing operations was $0.54 and $0.59 for the third quarter of fiscal 2022 and the third quarter of fiscal 2021, respectively. On a non-GAAP basis, net loss from continuing operations for the third quarter of fiscal 2022 was $14.3 million, or $0.12 per diluted share, compared to non-GAAP net loss from continuing operations for the third quarter of fiscal 2021 of $24.7 million, or $0.22 per diluted share. "The opening of our new Mohawk Valley 200mm Silicon Carbide semiconductor wafer fab was a tremendous undertaking that required the best from our talented team across nearly every function," said Wolfspeed Chief Executive Officer, Gregg Lowe. "Additionally, our financial results for the quarter continue to demonstrate progress towards our corporate objectives and the further adoption of Silicon Carbide across a wide range of applications."
Q1 2022 vs. Q1 2021 Revenue (Excluding equipment manufacturers):
Intel: -1% (-1% non GAAP, -7% GAAP)
Qorvo: 8.72% (GAAP, Fiscal 2022 fourth quarter compare to Fiscal 2021 fourth quarter )
TI: 14%
Skyworks Solutions: 14% (Fiscal Q2 2022 ending March 31, 2022)
STMicroelectronics: 17.6%
ASE Group: 21%
NXP: 22.2%
Micron: 25% (Fiscal Quarter ended March 3, 2022)
Realtek: 27.49%
MediaTek: 32.1%
UMC : 34.7%
TSMC: 36%
Wolfspeed: 37% (Third quarter of fiscal 2022, ended March 27, 2022.)
Samsung Memory: 39%
Qualcomm: 41%
SK Hynix: 43%
Renesas Electronics: 70.2% (Non-GAAP)
AMD: 71% (GAAP and Non-GAAP, 55% if excluding Xilinx)
Upcoming Earnings Announcement Dates:
Novatek Microelectronics 5/6/2022
Infineon 5/8/2022
Microchip Technology 5/9/2022
GlobalFoundries 5/10/2022
SMIC 5/13/2022
Analog Devices 5/18/2022
Nvidia 5/25/2022
Marvell Technology 5/26/2022
Broadcom 6/2/2022
Added Wolfspeed earnings
Wolfspeed, Inc. (NYSE: WOLF), formerly known as Cree, Inc., today announced revenue of $188.0 million for its third quarter of fiscal 2022, ended March 27, 2022. This represents a 37% increase compared to revenue from continuing operations of $137.3 million reported for the third quarter of fiscal 2021, and a 9% increase compared to the second quarter of fiscal 2022. GAAP net loss from continuing operations was $66.5 million for the third quarter of fiscal 2022 and the third quarter of fiscal 2021. GAAP net loss per diluted share from continuing operations was $0.54 and $0.59 for the third quarter of fiscal 2022 and the third quarter of fiscal 2021, respectively. On a non-GAAP basis, net loss from continuing operations for the third quarter of fiscal 2022 was $14.3 million, or $0.12 per diluted share, compared to non-GAAP net loss from continuing operations for the third quarter of fiscal 2021 of $24.7 million, or $0.22 per diluted share. "The opening of our new Mohawk Valley 200mm Silicon Carbide semiconductor wafer fab was a tremendous undertaking that required the best from our talented team across nearly every function," said Wolfspeed Chief Executive Officer, Gregg Lowe. "Additionally, our financial results for the quarter continue to demonstrate progress towards our corporate objectives and the further adoption of Silicon Carbide across a wide range of applications."
Q1 2022 vs. Q1 2021 Revenue (Excluding equipment manufacturers):
Intel: -1% (-1% non GAAP, -7% GAAP)
Qorvo: 8.72% (GAAP, Fiscal 2022 fourth quarter compare to Fiscal 2021 fourth quarter )
TI: 14%
Skyworks Solutions: 14% (Fiscal Q2 2022 ending March 31, 2022)
STMicroelectronics: 17.6%
ASE Group: 21%
NXP: 22.2%
Micron: 25% (Fiscal Quarter ended March 3, 2022)
Realtek: 27.49%
MediaTek: 32.1%
UMC : 34.7%
TSMC: 36%
Wolfspeed: 37% (Third quarter of fiscal 2022, ended March 27, 2022.)
Samsung Memory: 39%
Qualcomm: 41%
SK Hynix: 43%
Renesas Electronics: 70.2% (Non-GAAP)
AMD: 71% (GAAP and Non-GAAP, 55% if excluding Xilinx)
Upcoming Earnings Announcement Dates:
Novatek Microelectronics 5/6/2022
Infineon 5/8/2022
Microchip Technology 5/9/2022
GlobalFoundries 5/10/2022
SMIC 5/13/2022
Analog Devices 5/18/2022
Nvidia 5/25/2022
Marvell Technology 5/26/2022
Broadcom 6/2/2022
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