Wolfspeed reports financial results for the second quarter of fiscal year 2025

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.
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