Wolfspeed, Inc. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was USD 173.1 million compared to USD 127 million a year ago. Net loss was USD 96.7 million compared to USD 83 million a year ago. Basic loss per share from continuing operations was USD 0.82 compared to USD 0.49 a year ago. Basic loss per share was USD 0.82 compared to USD 0.75 a year ago.
For the six months, sales was USD 329.7 million compared to USD 242.5 million a year ago. Net loss was USD 166.8 million compared to USD 267.4 million a year ago. Basic loss per share from continuing operations was USD 1.42 compared to USD 1.18 a year ago. Diluted loss per share from continuing operations was USD 1.42 compared to USD 1.18 a year ago. Basic loss per share was USD 1.42 compared to USD 2.42 a year ago.