Wolfspeed Capital Raise Doesn't Mean The Firm Will Return To Growth

Wolfspeed (NYSE: WOLF ) reported a challenging q1’25 with revenue coming in below the midpoint of the guidance at $194mm paired with the announced restructuring that is intended to save the firm$200mm in annual costs. This earnings release sent sharesMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Ind ...