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Cree Inc (CREE) Files 10-K for the Fiscal Year Ended on June 30, 2019

Cree Inc (NASDAQ:CREE) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Cree Inc manufactures lighting-class light emitting diode (LED) products, lighting products and bandgap semiconductor products for power and radio-frequency (RF) applications. Cree Inc has a market cap of $5.16 billion; its shares were traded at around $49.01 with and P/S ratio of 2.58. GuruFocus has detected 1 severe warning sign with Cree Inc. .

For the last quarter Cree Inc reported a revenue of $251.2 million, compared with the revenue of $834.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.1 billion, a decrease of 27.7% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Cree Inc had an average revenue decline of 6.8% a year. The Cree Inc had an operating margin of -1.04%, compared with the operating margin of -4.75% a year before. The 10-year historical median operating margin of Cree Inc is 5.13%. The profitability rank of the company is 6 (out of 10).

At the current stock price of $49.01, Cree Inc is traded at 14.8% discount to its historical median P/S valuation band of $57.55. The P/S ratio of the stock is 2.58, while the historical median P/S ratio is 3.04. The stock gained 7.06% during the past 12 months.

For the complete 20-year historical financial data of CREE, click here.

This article first appeared on GuruFocus.