Wolfspeed provides update on steps to strengthen capital structure

Durham, n.c.--(business wire)--wolfspeed, inc. (nyse: wolf) today announced that the company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under section 48d. funds include $186.5 million owed to the company for both fiscal 2023 and fiscal 2024 taxes, as well as accrued interest. this announcement reflects a portion of the approximately $1 billion total section 48d cash tax refunds that the company expects to receive. as of the end of the second quart.
WOLF Ratings Summary
WOLF Quant Ranking