DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the second quarter of fiscal 2024.) Consolidated revenue of $181 million, as compared to $208 million Mohawk Valley Fab contributed $52 million in revenue, as compared to $12 million GAAP gross margin of (21)%, compared to 13% Non-GAAP gross margin of 2%, compared to 16% GAAP and non-GAAP...
Read the full news release here