Short answer
Wolfspeed Inc (WOLF) filed its Q1 2016 10-Q quarterly report on Apr 27, 2016 for the quarter ended Mar 27, 2016.
Wolfspeed Inc Q1 2016 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $366.9M, down 10% from $409.5M YoY
- Gross margin 29.7% vs 30.6%; operating margin (1)% vs 0% YoY
- Best segment: Lighting revenue $187.7M; worst decline, down 16% YoY
- Cash $0.6B vs $0.7B; operating cash flow $138.8M, capital spending $100M
- Outlook: competitive markets through calendar 2016; commercial lighting disruption, product delays and retrofit slowdown headwinds
Risk Factors
- New risk trigger: proposed Wolfspeed IPO, with uncertain proceeds, valuation, completion timing, and potential loss of consolidated results
- Most material operational update: Racine information-technology platform implementation disrupted commercial lighting orders in March 2016
- Regulatory compliance risk: Energy Star Lamps V2.0 replaces V1.2 on January 2, 2017, affecting product requirements and competitive dynamics
- Competitive market risk: LED overcapacity and aggressive pricing accelerating sales-price declines, particularly in LED Products
- Financial risk: revolving-line debt covenants permit acceleration after uncured breach and could restrict additional borrowing
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Wolfspeed Inc quarterly reports
- Q3 2019 10-QFiled Oct 31, 2019
- Q1 2019 10-QFiled May 3, 2019
- Q4 2018 10-QFiled Jan 31, 2019
- Q3 2018 10-QFiled Oct 17, 2018
- Q1 2018 10-QFiled Apr 25, 2018
- Q4 2017 10-QFiled Jan 24, 2018
- Q3 2017 10-QFiled Oct 18, 2017
- Q1 2017 10-QFiled Apr 26, 2017
- Q4 2016 10-QFiled Jan 25, 2017
- Q3 2016 10-QFiled Oct 19, 2016
- Q4 2015 10-QFiled Jan 20, 2016
- Q3 2015 10-QFiled Oct 21, 2015
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