Wolfspeed Reports Q3 Revenue of $150M
Reports Q3 revenue $150M vs $185.4M last year. "In the third quarter, we continued to make meaningful progress against our priorities, improving Wolfspeed's long-term growth trajectory and our financial flexibility to execute our strategic priorities," said Wolfspeed CEO Robert Feurle. "We accelerated innovation across the business, launching our next-generation TOLT portfolio, introducing the first commercially available 10 kV silicon carbide power MOSFET, and continuing to advance our 300mm substrate platform. At the same time, we continue to deepen our engagement with a diversified customer base."
