Wolfspeed(WOLF) - 2025 Q3 - Quarterly Results

Exhibit 99.1 Wolfspeed Reports Financial Results for the Third Quarter of Fiscal Year 2025 DURHAM, N.C. May 8, 2025 -- Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the third quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the third quarter of fiscal 2024.) "At the beginning of the year, the Company outlined a plan focused on strengthening our capital structure, improving our path to profitability, and raising cost effective capital t ...