Wolfspeed, Inc. (NYSE:WOLF) Q4 2024 Earnings Conference Call August 21, 2024 5:00 PM ET

Company Participants

Tyler Gronbach - VP, External Affairs
Gregg Lowe - President & CEO
Neill Reynolds - CFO

Conference Call Participants

Brian Lee - Goldman Sachs
Harsh Kumar - Piper Sandler
Joseph Cardoso - JPMorgan
Colin Rusch - Oppenheimer
Jed Dorsheimer - William Blair
Joshua Buchalter - TD Cowen
Joseph Moore - Morgan Stanley
Christopher Rolland - Susquehanna Financial Group

Operator

Good afternoon. Thank you for attending the Wolfspeed Inc. Q4 Fiscal Year '24 Earnings Call. My name is Matt, and I'll be your moderator for today's call. All lines may be muted during the presentation portion of the call for an opportunity for questions-and-answer at the end. [Operator Instructions]

I would now like to pass the conference over to our host, Tyler Gronbach, VP External Affairs; Tyler, please go ahead.

Tyler Gronbach

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

Please note that we will be presenting non-GAAP financial results during today's call, which we believe provides a 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 as 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.

Today's discussion includes forward-looking statements about our business outlook, and we may make other forward-looking statements during the call. Such forward-looking statements are subject to numerous risks and uncertainties. Our press release today and the SEC filings noted in the release mention important factors that could cause actual results to differ materially.

Last note that all discussions today will be on a continuing operation basis. During the Q&A session, we would ask that you limit yourself to one question so that we can accommodate as many questions as possible during today's call. If you have any additional questions, please feel free to contact us after the call.

And now, I'd like to turn the call over to Gregg.