WOLF - Wolfspeed Inc. (WOLF) Q2 2024 Earnings Call Transcript

2024-01-31 19:31:03 ET

Wolfspeed, Inc. (WOLF)

Q2 2024 Earnings Conference Call

January 31, 2024, 5:00 PM ET

Company Participants

Tyler Gronbach - Vice President of External Affairs

Gregg Lowe - President and Chief Executive Officer

Neill Reynolds - Chief Financial Officer

Conference Call Participants

Brian Lee - Goldman Sachs

Samik Chatterjee - JPMorgan

Jonathan Dorsheimer - William Blair

Gary Mobley - Wells Fargo

Harsh Kumar - Piper Sandler

Jack Egan - Charter Equity Research

Joshua Buchalter - TD Cowen

Vivek Arya - Bank of America

Presentation

Operator

Good afternoon. Thank you for attending today's Wolfspeed Inc. Q2 Fiscal Year 2024 Earnings Call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]

I would now like to pass the conference over to Tyler Gronbach, VP of External Affairs. You may proceed.

Tyler Gronbach

Thank you, operator, and good afternoon, everyone. Welcome to Wolfspeed's Second Quarter Fiscal 2024 Conference call. Today Wolfspeed's CEO, Gregg Lowe; and Wolfspeed's, CFO, Neill Reynolds, will report on the results for the second quarter of fiscal year 2024.

Please note that we will be presenting non-GAAP financial results during today's call, which we believe provides useful information to our investors. Non-GAAP results are not in accordance with GAAP and may not be comparable to non-GAAP information provided by other companies.

Non-GAAP information should be considered a supplement to and not a substitute for financial statements prepared in accordance with GAAP. A reconciliation to the most directly comparable GAAP measures is in our press release and posted in the Investor Relations section of our website, along with a historical summary of other key metrics....

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