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Home News Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2025

The following content is a news release distributed by . The original news release may be found here.

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2025

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the first quarter of fiscal 2024.) Consolidated revenue of approximately $195 million, as compared to approximately $197 million Mohawk Valley Fab contributed approximately $49 million in revenue Power device design-ins of $1.5 billion Power device design-wins of $1.3 billion GAAP gross ma...

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