Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2024

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2024. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the second quarter of fiscal 2023) Consolidated revenue of $208.4 million, compared to $173.8 million Mohawk Valley Fab contributed $12 million in revenue, a 3x increase from the prior quarter Power device design-ins of $2.1 billion Quarterly record design-wins of $2.9 billion - over 75% re ...