DURHAM, N.C. (AP) _ Wolfspeed, Inc. (WOLF) on Wednesday reported a loss of $96.7 million in its fiscal second quarter.

On a per-share basis, the Durham, North Carolina-based company said it had a loss of 82 cents. Losses, adjusted for non-recurring costs and to extinguish debt, came to 16 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The maker of energy-efficient lighting posted revenue of $173.1 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $169 million.

For the current quarter ending in April, Wolfspeed expects its results to range from a loss of 16 cents per share to a loss of 12 cents per share.

The company said it expects revenue in the range of $185 million to $195 million for the fiscal third quarter.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WOLF at https://www.zacks.com/ap/WOLF

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