logo
Plus   Neg
Share
Email

Cree Inc. Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Cree Inc. (CREE):

-Earnings: -$11.13 million in Q1 vs. -$19.87 million in the same period last year.
-EPS: -$0.11 in Q1 vs. -$0.20 in the same period last year.
-Excluding items, Cree Inc. reported adjusted earnings of $22.00 million or $0.22 per share for the period.
-Analysts projected $0.12 per share
-Revenue: $408.27 million in Q1 vs. $360.40 million in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.15 - $0.19
Next quarter revenue guidance: $398 - $418 Mln

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT
>