Cree, Inc. (NASDAQ:CREE) stock jumped on Thursday following news of a deal with Infineon Technologies AG (ADR) (OTCMKTS:IFNNY). Cree, Inc. has agreed to sell its Wolfspeed Power and RF division to Infineon for $850 million in …
For its internal budgeting process, and as discussed further below, Cree's management uses financial statements that do not include stock-based compensation expense, amortization or impairment of acquisition-related intangibles, asset …
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 …
Long term, Cree is still struggling to make money despite rising adoption of LED lights. And until it turns the corner and begins to grow consistently and report net income, I won't be jumping into this stock. 10 stocks we like better than …
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 …