CREE - Cree, Inc.
| Previous Close | 41.24 |
| Open | 41.01 |
| Bid | 40.25 x 900 |
| Ask | 41.15 x 1400 |
| Day's Range | 39.88 - 41.31 |
| 52 Week Range | 24.79 - 51.78 |
| Volume | 2,546,393 |
| Avg. Volume | 1,339,787 |
| Market Cap | 4.064B |
| Beta | 0.53 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.81 |
| Earnings Date | Oct 16, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 47.60 |
Market Realist•5 days agoCree Stock Fell 5% on September 17
In this series, we’ll look at the top technology stocks that fell on September 17 and compare them with analysts’ estimates. Cree (CREE), the maker of lighting-class LED (light-emitting diode) and semiconductor products, fell 5.2% on September 17. It seems that Cree has been impacted by the overall weakness in the semiconductor industry.
- American City Business Journals•18 days ago
Cary firm with Cree roots works on polyester with 'ballistic-like protection'
Imagine a polyester material as tough as Kevlar. “We could bring ballistic-like protection to a polyester fiber,” BNNano CEO Steve Wilcenski theorizes. His Cary company is developing a next-generation nanotube that could make it happen.
- GlobeNewswire•23 days ago
Detailed Research: Economic Perspectives on Hub Group, Coty, Cree, Nelnet, SeaWorld Entertainment, and Cowen Group — What Drives Growth in Today's Competitive Landscape
NEW YORK, Aug. 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Hub ...
- Thomson Reuters StreetEvents•24 days ago
Edited Transcript of CREE earnings conference call or presentation 14-Aug-18 9:00pm GMT
Q4 2018 Cree Inc Earnings Call
- GlobeNewswire•25 days ago
Report: Developing Opportunities within Cree, ArcBest, Syros Pharmaceuticals, Aegion, Adecoagro S.A, and Nevsun Resources — Future Expectations, Projections Moving into 2018
NEW YORK, Aug. 29, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cree, ...
- InvestorPlace•26 days ago
Micron Is a Victim of Geopolitics
President Trump promised to make America great again, but his aggressive approach has ultimately produced mixed results. Semiconductor companies, particularly Micron Technology (NASDAQ:MU), have certainly felt the heat. MU stock has been a powerhouse investment since recovering from its 2015 disaster. But with its shares recently slowing down, is the Trump administration an asset or a liability for Micron?
- American City Business Journals•29 days ago
Cree CEO on electric vehicle opportunity: 'Let's run with it'
A year and a half ago, Wolfspeed was Cree’s smallest business unit, operating out of a standalone Morrisville headquarters.
- Business Wire•last month
Cree Optimizes LED Technology for the Connected Lighting Future
Cree, Inc. (CREE) announces the XLamp® XP-G3 S Line LED, an extension of the industry-leading XLamp XP-G3 LED that is optimized for the connected lighting future. With the XP-G3 S Line, Cree delivers high-power LED technology optimized for long-lifetime, high-power general lighting applications where sensors and the internet of things (IoT) are becoming common, such as commercial indoor, parking, industrial and roadway. Connected lighting systems use information from occupancy sensors and other sources to continuously react to the target environment, dimming or switching off unneeded lights to conserve energy.
- Business Wire•last month
Cree Announces Pricing of $500 Million Convertible Senior Notes Offering
Cree, Inc. (CREE) (“Cree”) today announced the pricing of $500 million aggregate principal amount of its 0.875% Convertible Senior Notes due 2023 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In addition, Cree has granted the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period from, and including, the date on which the Notes are first issued, up to an additional $75 million aggregate principal amount of the Notes. The sale of the Notes to the initial purchasers is expected to settle on August 24, 2018, subject to the satisfaction of customary closing conditions, and is expected to result in approximately $488 million in net proceeds to Cree (or approximately $561 million if the initial purchasers exercise their option to purchase additional Notes in full) after deducting the initial purchasers’ discount and estimated offering expenses payable by Cree.
- American City Business Journals•last month
What Cree's $500M offering means for Wolfspeed, investors
A Durham manufacturing giant with North Carolina State University roots is raising cash, offering $500 million in a private offering to fund its ongoing turnaround plan.
- GuruFocus.com•last month
Cree Inc (CREE) Files 10-K for the Fiscal Year Ended on June 30, 2018
Cree Inc manufactures lighting-class light emitting diode (LED) products, lighting products and bandgap semiconductor products for power and radio-frequency (RF) applications. Warning! GuruFocus has detected 5 Warning Signs with CREE. For the last quarter Cree Inc reported a revenue of $409.5 million, compared with the revenue of $358.9 million during the same period a year ago.
- Business Wire•last month
Cree Announces Offering of $500 Million of Convertible Senior Notes
Cree, Inc. (CREE) (“Cree”) today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of its Convertible Senior Notes due 2023 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In addition, Cree expects to grant the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period from, and including, the date on which the Notes are first issued, up to an additional $75 million aggregate principal amount of the Notes. The Notes will be convertible into cash, shares of Cree’s common stock, or a combination thereof, at Cree’s election.
- American City Business Journals•last month
So, what happens to Cree's lighting business now?
As Cree shifts its strategy completely – moving to quadruple its Research Triangle Park-based Wolfspeed business into its largest division by 2022 – what’s happening to lighting?
- ACCESSWIRE•last month
Today's Research Reports on Trending Tickers: Intel and Cree
NEW YORK, NY / ACCESSWIRE / August 15, 2018 / U.S. equities snapped losses on Tuesday, as panic over Turkey’s currency eased and market participants focused on upbeat corporate earnings and strong economic ...
Motley Fool•last monthCree, Inc. (CREE) Q4 2018 Earnings Conference Call Transcript
CREE earnings call for the period ending June 30, 2018.
- American City Business Journals•last month
Cree is 'slightly ahead' in Wolfspeed investments, CEO says
Wolfspeed – Cree’s Research Triangle Park-based power device subsidiary – has achieved a half-billion dollar annual run rate and is well on its way toward becoming the Durham manufacturer’s largest business unit, says CEO Gregg Lowe.
- InvestorPlace•last month
Cree Stock Slides Even Though Q4 Earnings Top Expectations
The lighting products manufacturer posted its results for its fourth quarter of fiscal 2018, as well as for the full year. The firm said that its earnings tallied up to 11 cents per share on an adjusted basis. Analysts were calling for Cree to amass adjusted earnings of 8 cents per share, according to a survey conducted by SeekingAlpha.
- Associated Press•last month
Cree: Fiscal 4Q Earnings Snapshot
On a per-share basis, the Durham, North Carolina-based company said it had a loss of 33 cents. Earnings, adjusted for non-recurring costs and amortization costs, were 11 cents per share. The results surpassed ...
- Business Wire•last month
Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2018
Cree, Inc. today announced revenue of $409 million for its fourth quarter of fiscal 2018, ended June 24, 2018. This represents a 14% increase compared to revenue of $359 million reported for the fourth quarter of fiscal 2017, and a 15% increase compared to the third quarter of fiscal 2018.
- ACCESSWIRE•last month
Cree, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / August 14, 2018 / Cree, Inc. (NASDAQ: CREE ) will be discussing their earnings results in their Q4 Earnings Call to be held on August 14, 2018 at 5:00 PM Eastern Time. To listen ...
- Zacks•last month
What's in the Offing for Cree (CREE) This Earnings Season?
CREE to gain from Wolfspeed acquisition. The company's cross licensing agreements will help it to drive innovation.
- American City Business Journals•2 months ago
DOE-funded PowerAmerica Institute at NCSU divvies out fresh $20M for innovation
More than four years after then-President Barack Obama announced what would become the PowerAmerica Institute at North Carolina State University, the initiative has doled out a new $20 million tranche to fund innovation.
- American City Business Journals•2 months ago
Cree CEO: 'All technology companies' face espionage
Cree CEO Gregg Lowe tells the crowd “all technology companies face the same thing:” the need to protect trade secrets.
- American City Business Journals•2 months ago
Cree CEO talks business expansion, tariff impact and management style at Power Breakfast
In a candid conversation at PNC Arena, part of the Triangle Business Journal Power Breakfast Series, Cree CEO Gregg Lowe touched on several topics – from the Wolfspeed opportunity to trade to his upbringing – which he says has shaped the leader he is today.
- Business Wire•2 months ago
Cree, Inc. Announces 2018 Fourth Quarter Earnings Release Webcast
Cree, Inc. :
