|Bid||43.77 x 900|
|Ask||45.59 x 900|
|Day's Range||44.34 - 45.64|
|52 Week Range||20.50 - 51.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||46.67|
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?
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 ...
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.
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.
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 ...
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.
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 ...
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.
Cree CEO Gregg Lowe tells the crowd “all technology companies face the same thing:” the need to protect trade secrets.
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.
Wolfspeed, A Cree Company and leader in silicon carbide (SiC) power products, announces E-Series™, a new family of robust SiC semiconductor devices for the Electric Vehicle (EV) and renewable energy markets that delivers the highest available power density and durability for on-board automotive power conversion systems, off-board charging, solar inverters and other outdoor applications. Wolfspeed’s E-Series family is the first commercial family of SiC MOSFETs and diodes to be automotive AEC-Q101 qualified and PPAP capable.
WallStEquities.com has issued research reports on Cree Inc. (NASDAQ: CREE), Daqo New Energy Corp. (NYSE: DQ), Entegris Inc. (NASDAQ: ENTG), and Lam Research Corp. (NASDAQ: LRCX). Semiconductor Equipment and Materialscompanies provide the basis for the manufacturing of semiconductors.
NEW YORK, July 26, 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 South ...
Cree, Inc. announces the appointment of Neill Reynolds as chief financial officer , effective Aug. 27. Reynolds will succeed Mike McDevitt at that time, per the transition plan announced in June.
Durham-based Cree has reached a “confidential settlement agreement” with a pair of online retailers, ending a trademark infringement lawsuit it lobbed against them last year in a California federal court.
A North Carolina maker of lighting products tried to convince the Trump administration that paying tariffs on its goods coming out of China would threaten its spending on research and jobs in the U.S. Cree’s failure to persuade the White House to exempt its goods from new tariffs illustrates how even appealing to the Trump administration’s desire for American investment and jobs can run smack into its push to also penalize China on trade. The Trump administration has said its plan to impose tariffs on about $50 billion of Chinese goods is aimed at thwarting Chinese cyberespionage and subsidies that could put the U.S. at a disadvantage both militarily and economically.
NEW YORK, NY / ACCESSWIRE / July 4, 2018 / U.S. equities dropped on Tuesday, as gains in energy, real-estate and telecom shares were offset by losses in tech and financial names. The Dow Jones Industrial ...
Man-made gem company Charles & Colvard has extended its supply deal with Cree – initially set to expire June 24.
Does the share price for Cree Inc (NASDAQ:CREE) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by estimating the company’s future cash flows and discounting themRead More...