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%.
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