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Wolfspeed Reports Financial Results for the Fourth Quarter and Full Fiscal Year 2024

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the fourth quarter of fiscal 2024 and the full 2024 fiscal year. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the fourth quarter of fiscal 2023.) Consolidated revenue of approximately $201 million, as compared to approximately $203 million Mohawk Valley Fab contributed approximately $41 million in revenue Power device design-ins of $2.0 billion Quarterly design-wins...

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