Last 7 days
16.3%
Last 30 days
-10.8%
Last 90 days
-28.5%
Trailing 12 Months
-27.3%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 4.7% | 914,600,000 | 873,900,000 | 830,900,000 | 746,200,000 | 663,500,000 |
Gross Profit | 1.4% | 293,800,000 | 289,700,000 | 279,800,000 | 249,300,000 | 214,200,000 |
S&GA Expenses | 4.1% | 226,200,000 | 217,200,000 | 209,500,000 | 203,500,000 | 195,100,000 |
R&D Expenses | 3.8% | 216,500,000 | 208,500,000 | 201,700,000 | 196,400,000 | 193,300,000 |
EBITDA | 1.1% | -129,700,000 | -131,200,000 | -208,200,000 | - | - |
EBITDA Margin | 11.2% | -0.16 | -0.18 | -0.31 | - | - |
Earnings Before Taxes | 21.6% | -286,100,000 | -364,700,000 | - | - | - |
EBT Margin | 10.2% | -0.34 | -0.38 | -0.55 | - | - |
Interest Expenses | 35.0% | 34,700,000 | 25,700,000 | 23,200,000 | 25,100,000 | 26,300,000 |
Net Income | -21.8% | -184,200,000 | -151,200,000 | -157,000,000 | -200,900,000 | -380,900,000 |
Net Income Margin | 8.4% | -0.17 | -0.19 | -0.27 | -0.57 | - |
Free Cahsflow | -3.1% | -620,000,000 | -601,100,000 | -799,100,000 | -885,400,000 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 2.1% | 5,455 | 5,343 | 3,859 | 3,918 | 3,753 |
Current Assets | -7.6% | 2,849 | 3,084 | 1,754 | 1,762 | 1,838 |
Cash Equivalents | -26.7% | 795 | 1,085 | 522 | 450 | 486 |
Inventory | 8.4% | 289 | 267 | 242 | 227 | 219 |
Goodwill | 0% | 359 | 359 | 359 | 359 | 359 |
Current Liabilities | 32.0% | 607 | 460 | 381 | 389 | 323 |
Shareholder's Equity | -4.1% | 1,707 | 1,780 | 2,110 | 2,439 | 2,390 |
Retained Earnings | -5.4% | -1,950 | -1,851 | -1,760 | -1,764 | -1,796 |
Additional Paid-In Capital | 0.6% | 3,681 | 3,660 | 3,902 | 4,228 | 4,205 |
Shares Outstanding | 0.0% | 124 | 124 | 124 | 124 | 124 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | 12.5% | -121 | -138 | -104 | -154 | -173 |
Share Based Compensation | 5.9% | 79.00 | 74.00 | 68.00 | 61.00 | 58.00 |
Cashflow From Investing | 1.5% | -1,013 | -1,029 | -256 | -391 | -487 |
Cashflow From Financing | -30.2% | 1,445 | 2,068 | 621 | 616 | 615 |
91.9%
84.6%
29.6%
Y-axis is the maximum loss one would have experienced if WOLFSPEED was unfortunately bought at previous high price.
-1.7%
11.4%
2.2%
-2.5%
FIve years rolling returns for WOLFSPEED.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | Capital Impact Advisors, LLC | unchanged | - | -10,662 | 169,325 | 0.21% |
2023-05-22 | American Trust | added | 11.74 | 24,996 | 513,040 | 0.04% |
2023-05-22 | FDx Advisors, Inc. | unchanged | - | - | 408,000 | 0.02% |
2023-05-22 | Raleigh Capital Management Inc. | unchanged | - | -592 | 9,418 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -23.2 | -12,069,800 | 31,423,200 | 0.01% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -26.12 | -6,270,000 | 14,292,000 | 0.02% |
2023-05-18 | JPMORGAN CHASE & CO | added | 1.99 | -14,080,300 | 333,328,000 | 0.04% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | new | - | 2,531,000 | 2,531,000 | -% |
2023-05-18 | Firsthand Capital Management, Inc. | unchanged | - | -777,100 | 12,340,500 | 13.40% |
2023-05-17 | B. Riley Wealth Advisors, Inc. | added | 5.33 | -3,737 | 405,808 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | clearbridge investments, llc | 4.6% | 5,701,415 | SC 13G/A | |
Feb 13, 2023 | capital research global investors | 12.4% | 15,428,273 | SC 13G/A | |
Feb 13, 2023 | capital international investors | 9.3% | 11,506,795 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 9.60% | 11,929,675 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 14.7% | 18,286,255 | SC 13G/A | |
Apr 08, 2022 | capital international investors | 10.3% | 12,681,508 | SC 13G/A | |
Mar 11, 2022 | blackrock inc. | 12.9% | 14,994,722 | SC 13G | |
Feb 11, 2022 | capital international investors | 9.7% | 11,298,890 | SC 13G/A | |
Feb 11, 2022 | capital research global investors | 12.3% | 14,236,967 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 9.40% | 10,927,379 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
May 01, 2023 | 4 | Insider Trading | |
May 01, 2023 | 4 | Insider Trading | |
May 01, 2023 | 4 | Insider Trading | |
Apr 27, 2023 | 10-Q | Quarterly Report | |
Apr 26, 2023 | 8-K | Current Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-04-28 | REPLOGLE JOHN B | bought | 502,308 | 47.54 | 10,566 | - |
2023-04-28 | Hodge John C | acquired | 11,224 | 46.00 | 244 | - |
2023-04-28 | LOWE GREGG A | bought | 250,357 | 45.937 | 5,450 | president & ceo |
2023-01-30 | LOWE GREGG A | gifted | - | - | -5,068 | president & ceo |
2023-01-27 | Hodge John C | acquired | 11,178 | 77.09 | 145 | - |
2023-01-23 | Smith Stacy J | acquired | - | - | 2,631 | - |
2022-11-18 | LE DUY LOAN T | bought | 182,080 | 91.04 | 2,000 | - |
2022-11-18 | LE DUY LOAN T | bought | 272,840 | 90.9467 | 3,000 | - |
2022-11-02 | LE DUY LOAN T | bought | 147,640 | 73.82 | 2,000 | - |
2022-11-01 | LE DUY LOAN T | bought | 77,260 | 77.26 | 1,000 | - |
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Mar. 26, 2023 | Mar. 27, 2022 | Mar. 26, 2023 | Mar. 27, 2022 | |
Income Statement [Abstract] | ||||
Revenue, net | $ 228.7 | $ 188.0 | $ 686.1 | $ 517.7 |
Cost of revenue, net | 160.6 | 124.0 | 471.2 | 347.3 |
Gross profit | 68.1 | 64.0 | 214.9 | 170.4 |
Operating expenses: | ||||
Research and development | 56.1 | 48.1 | 168.3 | 148.2 |
Sales, general and administrative | 60.5 | 51.5 | 171.2 | 148.5 |
Amortization or impairment of acquisition-related intangibles | 2.6 | 3.4 | 8.3 | 10.6 |
Loss (gain) on disposal or impairment of other assets | 1.7 | (0.6) | 1.9 | (0.3) |
Other operating expense | 49.1 | 23.9 | 134.1 | 52.3 |
Operating loss | (101.9) | (62.3) | (268.9) | (188.9) |
Non-operating (income) expense, net | (2.9) | 3.8 | (53.4) | 35.7 |
Loss before income taxes | (99.0) | (66.1) | (215.5) | (224.6) |
Income tax expense | 0.5 | 0.4 | 1.1 | 8.7 |
Net loss | $ (99.5) | $ (66.5) | $ (216.6) | $ (233.3) |
Basic and diluted loss per share | ||||
Net loss, basic (USD per share) | $ (0.80) | $ (0.54) | $ (1.74) | $ (1.96) |
Net loss, diluted (USD per share) | $ (0.80) | $ (0.54) | $ (1.74) | $ (1.96) |
Weighted average shares - basic (shares) | 124,439 | 123,597 | 124,273 | 118,917 |
Weighted average shares - diluted (shares) | 124,439 | 123,597 | 124,273 | 118,917 |
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 26, 2023 | Jun. 26, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 795.1 | $ 449.5 |
Short-term investments | 1,453.1 | 749.3 |
Total cash, cash equivalents and short-term investments | 2,248.2 | 1,198.8 |
Accounts receivable, net | 164.0 | 150.2 |
Inventories | 288.9 | 227.0 |
Income taxes receivable | 1.1 | 1.3 |
Prepaid expenses | 34.6 | 32.1 |
Other current assets | 112.0 | 151.4 |
Current assets held for sale | 0.0 | 1.6 |
Total current assets | 2,848.8 | 1,762.4 |
Property and equipment, net | 1,904.0 | 1,481.1 |
Goodwill | 359.2 | 359.2 |
Intangible assets, net | 118.0 | 125.4 |
Long-term receivables | 2.7 | 104.7 |
Deferred tax assets | 1.0 | 1.0 |
Other assets | 221.0 | 83.7 |
Total assets | 5,454.7 | 3,917.5 |
Current liabilities: | ||
Accounts payable and accrued expenses | 522.2 | 307.7 |
Accrued contract liabilities | 41.5 | 37.0 |
Income taxes payable | 9.5 | 11.6 |
Finance lease liabilities | 0.5 | 0.5 |
Other current liabilities | 33.5 | 31.7 |
Total current liabilities | 607.2 | 388.5 |
Long-term liabilities: | ||
Convertible notes, net | 3,023.3 | 1,021.6 |
Deferred tax liabilities | 3.7 | 3.2 |
Finance lease liabilities - long-term | 9.3 | 9.6 |
Other long-term liabilities | 104.4 | 55.3 |
Total long-term liabilities | 3,140.7 | 1,089.7 |
Commitments and contingencies | ||
Shareholders’ equity: | ||
Preferred stock, par value $0.01; 3,000 shares authorized at March 26, 2023 and June 26, 2022; none issued and outstanding | 0.0 | 0.0 |
Common stock, par value $0.00125; 200,000 shares authorized at March 26, 2023 and June 26, 2022; 124,437 and 123,795 shares issued and outstanding at March 26, 2023 and June 26, 2022, respectively | 0.2 | 0.2 |
Additional paid-in-capital | 3,680.6 | 4,228.4 |
Accumulated other comprehensive loss | (23.1) | (25.3) |
Accumulated deficit | (1,950.9) | (1,764.0) |
Total shareholders’ equity | 1,706.8 | 2,439.3 |
Total liabilities and shareholders’ equity | $ 5,454.7 | $ 3,917.5 |