Wolfspeed (WOLF) Tops Q2 EPS by 8c, Q2 Revenue Guidance Misses Estimates
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Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2024
January 31, 2024 4:05 PM ESTMohawk Valley Fab Revenue Tripled Sequentially; On Track for 20% Utilization in Fourth Quarter of Fiscal 2024
Year-over-year Revenue Growth of 20 Percent; Record Quarterly Design-Wins Totaling $2.9 Billion
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... More