43.68 0.00 (0.00%)
After hours: 4:42PM EST
|Bid||43.40 x 1400|
|Ask||43.99 x 900|
|Day's Range||41.79 - 44.21|
|52 Week Range||30.78 - 51.78|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 21, 2019 - Jan 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||46.50|
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Durham semiconductor manufacturer Cree has a new chairman of its board of directors: Darren Jackson. Jackson, who joined Cree’s board two years ago, is taking over the top spot from Triangle pharma veteran Bob Ingram. Ingram had been in the role since September 2017, when he replaced former CEO Chuck Swoboda following his resignation.
Mr. John C. Hodge and Ms. Duy-Loan T. Le have been elected to the board of directors. Mr. Darren R. Jackson was appointed as chairman by the board of directors. Mr. Robert A. Ingram and Mr. C. Howard Nye retired from their positions on the board of directors, upon expiration of their terms.
NEW YORK, NY / ACCESSWIRE / October 18,2018/ According to Lindsey Bell investment strategist with CFRA, “The market is interpreting the Fed minutes as slightly hawkish.” For a moment, market participants ...
The semiconductor and lighting company jumped more than 5 percent, rising a fourth day, after beating first quarter estimates. Today’s gain comes on the heels of yesterday’s bump, which some analysts attributed to short covering by investors ahead of Cree’s earnings report. Cree is outperforming the Philadelphia Semiconductor Index (SOX) index for a second day.
One year into his tenure and Cree CEO Gregg Lowe is dealing with a political challenge: tariffs. On Cree’s first quarter earnings call late Tuesday, Lowe credited his team with doing a “pretty decent job” of minimizing the tariffs, which equate to an impact of about 3 cents per share this quarter, he told analysts late Tuesday. “In the meantime ... we’re dealing with the headwinds and I think we’ve done a really good job.” But more is coming, as tariffs that went into effect Sept. 24 apply directly to lighting products from China.
The company said that for its first quarter of fiscal 2019, it brought in a net loss of $11.1 million, or a loss of 11 cents per share. Analysts were calling for the worldwide manufacturer of LED bulbs to bring in a a net loss of $11 million, according to data compiled by FactSet. On an adjusted basis, Cree brought in earnings of 22 cents per share, which is better than the 12 cents per share that analysts were calling for, according to FactSet.
Cree (CREE) delivered earnings and revenue surprises of 83.33% and 0.24%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Durham, North Carolina-based company said it had a loss of 11 cents. Earnings, adjusted for one-time gains and costs, came to 22 cents per share. The results exceeded Wall Street ...
Cree, Inc. (CREE) announces that it signed a strategic long-term agreement to produce and supply its Wolfspeed® silicon carbide wafers to one of the world’s leading power device companies. The agreement, valued at more than $85 million, governs Cree’s supply of advanced 150 mm silicon carbide bare and epitaxial wafers during this period of extraordinary growth and demand for silicon carbide power devices. This customer’s importance to the power device industry is well known, so partnering with a leading power semiconductor company such as this is another big step in that commitment,” said Gregg Lowe, CEO of Cree.
Cree, Inc. today announced financial results for its first quarter of fiscal 2019, ended September 23, 2018. Revenue for the first quarter of fiscal 2019 was $408 million, which represents a 13% increase compared to revenue of $360 million for the first quarter of fiscal 2018.
NEW YORK, NY / ACCESSWIRE / October 16, 2018 / Cree, Inc. (NASDAQ: CREE ) will be discussing their earnings results in their 2019 FirstQuarter Earnings to be held on October16, 2018 at 5:00 PM Eastern ...
Cree, Inc. (NASDAQ: CREE ) — a manufacturer of semiconductor products for power and radio-frequency applications and LED lighting — has seen its shares slump 31 percent since early August, rendering a ...
Cree (CREE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Linear fixtures are now being specified on approximately half of new construction and fluorescent retrofit high-bay installations. To meet this need, Cree, Inc. (CREE) is expanding its industrial lighting portfolio with the new LXB Series Linear High-Bay luminaires. The LXB Series features best-in-class performance including enhanced efficacy, reliability and an extended lifetime, which makes it an ideal solution for high ceilings, high ambient temperatures and high-profile spaces.
Cree, Inc. (CREE) announces the XLamp® eTone™ LEDs, a breakthrough set of chip-on-board (COB) LEDs that delivers beautiful 90 color rendering index (CRI) light quality at the same efficacy as today’s standard 80 CRI LEDs. Delivering up to 155 lumens per watt (LPW) at 3000K CCT, 85°C, Cree’s new eTone COB LEDs provide the highest efficacy available in the industry compared to competing COB LEDs of the same size and color. The enhanced performance of these new LEDs can radically transform the output, efficacy and size of LED luminaires in applications that need high quality light, including retail, museum, high-end commercial and medical.
On September 24, Microsoft (MSFT) introduced Azure Data Box Edge, which allows customers to actively deploy AI technology in their work premise. The Azure Data Box Edge is also compatible with third-party software, as it comes with an open-source platform. Cree (CREE), a semiconductor manufacturer, is already using the new Azure Data Box Edge on its premises.
SAN FRANCISCO, Sept. 25, 2018-- Dance Biopharm Holdings Inc., a private biotechnology company focused on developing transformational healthcare solutions to treat diabetes and other serious chronic diseases, ...
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.