Start Time: 17:00 January 1, 0000 5:46 PM ET

Wolfspeed, Inc. (NYSE:WOLF)
Q1 2025 Earnings Call
November 06, 2024, 17:00 PM ET

Company Participants

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

Conference Call Participants

Brian Lee - Goldman Sachs
Joe Cardoso - JPMorgan
Colin Rusch - Oppenheimer
Jed Dorsheimer - William Blair
George Gianarikas - Canaccord Genuity

Operator

Good afternoon. Thank you for attending the Wolfspeed, Inc. Q1 Fiscal Year '25 Earnings Call. My name is Matt, and I'll be your moderator for today's call. All lines will be muted during the presentation portion of the call for an opportunity for questions and answers at the end. [Operator Instructions].

I'm now like to pass the conference over to our host, Tyler Gronbach, Vice President of External Affairs for Wolfspeed. Tyler, please go ahead.

Tyler Gronbach

Thank you, operator, and good afternoon, everyone. Welcome to Wolfspeed's first quarter fiscal 2025 conference call. Today, Wolfspeed CEO, Gregg Lowe; and Wolfspeed CFO, Neill Reynolds will report on the results of the first quarter of fiscal year 2025.

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 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. Lastly, please note that all numbers presented today will be on a continuing operations 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.

Gregg Lowe