Its revenue fell 6.9% YoY (year-over-year) in fiscal 3Q17. Cree’s stock dropped by almost 20% in April to close at $21.88. Notably, last month, Cree announced a JV (joint venture) with San’an Optoelectronics in order to produce “high …
LOS ANGELES, April 21 LED maker Cree Inc (CREE.O) reported a third-quarter profit that slightly topped Wall Street estimates on increased demand for ultra-efficient lighting, but the company's shares fell in extended trade due to …
Cree, Inc. (CREE), a global LED, lighting and semiconductor power for power and radio-frequency company yesterday reported their fiscal first quarter 2017 financial results. Cree reported adjusted first quarter earnings of $0.15 per share …
Cree Inc.'s stock CREE, +2.64% slumped 3.3% in active after-hours trade Wednesday, after the company said it would restructure its LED products business, and provided a downbeat fiscal fourth-quarter revenue outlook, as a result of a …
(Nasdaq: CREE) were lit up with panicked talk, and after-hours trading reflected the trend Wednesday night as stockholders dumped shares in the light-emitting diode manufacturer to prices not seen in two years. After the markets …
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One such stock that you may want to consider dropping is Cree, Inc. (CREE - Free Report) , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current …
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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 …
Pre-market, Stock-Callers.com assesses four stocks in the Semiconductor Equipment and Materials industry, namely: …
DURHAM, N.C. -- On October 27, 2014, the board of directors of Cree, Inc. CREE, +2.83% (the “Company”) approved …
Investors had already taken a dim view of Cree’s LED lighting business—but apparently not by enough. Consider that while the company’s market value has slid by 44% over the past 12 months, its multiple of forward earnings has remain …