RESEARCH TRIANGLE PARK – It’s been a busy week for public companies this week on Wall Street releasing quarterly earnings reports. Here’s an update on eight different companies.

  • Wolfspeed

DURHAM – Wolfspeed, Inc. (WOLF) on Wednesday reported a loss of $66.5 million in its fiscal third quarter.

On a per-share basis, the Durham-based company said it had a loss of 54 cents. Losses, adjusted for one-time gains and costs, were 12 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The maker of energy-efficient lighting posted revenue of $188 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $190.4 million.

For the current quarter ending in June, Wolfspeed expects its results to range from a loss of 13 cents per share to a loss of 7 cents per share.

The company said it expects revenue in the range of $200 million to $215 million for the fiscal fourth quarter.

  • Qorvo

GREENSBORO – Qorvo Inc. (QRVO) on Wednesday reported fiscal fourth-quarter net income of $212.3 million.

On a per-share basis, the Greensboro, North Carolina-based company said it had net income of $1.95. Earnings, adjusted for non-recurring costs and amortization costs, came to $3.12 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.94 per share.

The chipmaker posted revenue of $1.17 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.15 billion.

For the year, the company reported profit of $1.03 billion, or $9.26 per share. Revenue was reported as $4.65 billion.

For the current quarter ending in July, Qorvo expects its per-share earnings to range from $2 to $2.25.

The company said it expects revenue in the range of $1 billion to $1.05 billion for the fiscal first quarter.

  • Tree.com 

CHARLOTTE – Tree.com Inc. (TREE) on Thursday reported a loss of $10.8 million in its first quarter.

The Charlotte, North Carolina-based company said it had a loss of 84 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 46 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The mortgage lending service provider posted revenue of $283.2 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $285.4 million.

For the current quarter ending in July, Tree.com said it expects revenue in the range of $283 million to $293 million.

The company expects full-year revenue in the range of $1.15 billion to $1.19 billion.

  • CommScope

HICKORY – CommScope Holding Co. (COMM) on Thursday reported a loss of $139.9 million in its first quarter.

On a per-share basis, the Hickory, North Carolina-based company said it had a loss of 75 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 26 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

The wireless and broadband network technology company posted revenue of $2.23 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.1 billion.

  • Fathom Holdings

CARY – Fathom Holdings Inc. (FTHM) on Wednesday reported a loss of $6 million in its first quarter.

The Cary, North Carolina-based company said it had a loss of 37 cents per share.

The company posted revenue of $90.1 million in the period.

For the current quarter ending in July, Fathom Holdings said it expects revenue in the range of $110 million to $115 million.

  • Ingersoll Rand

DAVIDSON – Ingersoll Rand Inc. (IR) on Wednesday reported first-quarter net income of $103.7 million, after reporting a loss in the same period a year earlier.

The Davidson, North Carolina-based company said it had profit of 25 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 49 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.

The maker of flow control and compression equipment posted revenue of $1.34 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.3 billion.

  • Albemarle

CHARLOTTE – Albemarle Corp. (ALB) on Wednesday reported first-quarter net income of $253.4 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $2.15. Earnings, adjusted for non-recurring costs, were $2.38 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.

The specialty chemicals company posted revenue of $1.13 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.04 billion.

Albemarle expects full-year earnings in the range of $9.25 to $12.25 per share, with revenue in the range of $5.2 billion to $5.6 billion.

Albemarle shares have declined roughly 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $215.47, a climb of 33% in the last 12 months.

  • Cornerstone

CARY – Cornerstone Building Brands, In (CNR) on Tuesday reported first-quarter net income of $101.5 million, after reporting a loss in the same period a year earlier.

The Cary, North Carolina-based company said it had profit of 79 cents per share. Earnings, adjusted for one-time gains and costs, were 66 cents per share.

The maker of products used in commercial buildings posted revenue of $1.57 billion in the period.