Cree, Inc. (NASDAQ:CREE) shares took a nosedive as the company released its fiscal fourth-quarter report. The lighting products manufacturer reportedly earned 19 cents on an adjusted basis for its most recent three-month period. The …
Targeted non-GAAP earnings exclude $0.19 per diluted share of expenses related to stock-based compensation expense, the amortization or impairment of acquisition-related intangibles and any net changes associated with Cree’s Lextar …
The board of directors at LED lighting company Cree has authorized repurchasing up to $300 million of the company’s stock over the next 12 months. The new repurchase plan, disclosed in a Securities and Exchange filing on Thursday, is …
The stock has already risen by 19% since I bought it in January, and could have a lot more upside -- if a key investment metric stands up. It's simply the nature of this company's growth trajectory. As Cree pursues more customers, it must …
Cree saw its stock price surge by 9% after the LED products manufacturer released its second quarter earnings for 2015 and posted revenues of $413 million. The company reported a profit of $12.2 million, or 10 cents a share, which was …
At one point in 2013, Cree stock was up more than 215% from the previous year on strong performance and news that its affordable new LED bulb was going to be stocked nationally by Home Depot (HD). But the shine has been off somewhat …