Wolfspeed Q1 revenue $155M, adjusted EPS -$2.03, net loss $143.8M; sees Q2 sales $155M-$175M

Wolfspeed reported fiscal Q1 revenue of $155M, adjusted gross margin of -13%, adjusted EPS of -$2.03 and a net loss of $143.8M. The company sees Q2 sales of $155M-$175M, versus a $153.55M estimate.

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