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Cree Inc (CREE.OQ)

CREE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Arrow Electronics Expands Distribution Agreement With Cree
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Arrow Electronics Inc ::ARROW ELECTRONICS EXPANDS DISTRIBUTION AGREEMENT WITH CREE, INC.’S WOLFSPEED DIVISION.EXTENDED AGREEMENT INCLUDES WOLFSPEED'S RF AND POWER PRODUCTS.  Full Article

Cree Says Darren Jackson Was Appointed As Chairman By Board Of Directors
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Cree Inc ::CREE ANNOUNCES ANNUAL SHAREHOLDERS MEETING ELECTION RESULTS.CREE INC - DARREN R. JACKSON WAS APPOINTED AS CHAIRMAN BY BOARD OF DIRECTORS.CREE INC - ROBERT A. INGRAM AND C. HOWARD NYE RETIRED FROM THEIR POSITIONS ON BOARD OF DIRECTORS, UPON EXPIRATION OF THEIR TERMS.  Full Article

Cree Q4 Non-GAAP Earnings Per Share $0.11
Tuesday, 14 Aug 2018 

Cree Inc ::CREE REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR 2018.Q4 NON-GAAP EARNINGS PER SHARE $0.11.Q4 GAAP LOSS PER SHARE $0.33.Q4 REVENUE $409 MILLION VERSUS I/B/E/S VIEW $399.7 MILLION.Q4 EARNINGS PER SHARE VIEW $0.08 -- THOMSON REUTERS I/B/E/S.SEES Q1 2019 REVENUE $395 MILLION TO $415 MILLION.SEES Q1 2019 NON-GAAP EARNINGS PER SHARE $0.10 TO $0.14.SEES Q1 2019 GAAP LOSS PER SHARE $0.09 TO $0.14.SEES Q1 2019 GAAP NET LOSS $0.09 TO $0.14 PER DILUTED SHARE.CREE - TARGETED Q1 EARNINGS REFLECT NEGATIVE IMPACT OF ABOUT $0.02 PER DILUTED SHARE FOR TARIFFS THAT WENT INTO EFFECT ON JULY 6.Q1 EARNINGS PER SHARE VIEW $0.12, REVENUE VIEW $414.6 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cree Announces CFO Transition Plan
Thursday, 7 Jun 2018 

June 7 (Reuters) - Cree Inc ::CREE ANNOUNCES CFO TRANSITION PLAN.EVP AND CFO MIKE MCDEVITT TO RETIRE UPON APPOINTMENT OF HIS SUCCESSOR.EVP AND CFO MIKE MCDEVITT TO RETIRE UPON APPOINTMENT OF HIS SUCCESSOR.COMPANY REAFFIRMS GUIDANCE FOR FOURTH FISCAL QUARTER OF 2018.Q4 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $400.5 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cree Reports Q3 Loss Per Share Of $2.40
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Cree Inc ::CREE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL YEAR 2018.Q3 NON-GAAP EARNINGS PER SHARE $0.04.Q3 GAAP LOSS PER SHARE $2.40.Q3 REVENUE $356 MILLION VERSUS I/B/E/S VIEW $347.6 MILLION.Q3 EARNINGS PER SHARE VIEW $0.01 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 GAAP LOSS PER SHARE $0.34 TO $0.38.SEES Q4 2018 REVENUE $390 MILLION TO $410 MILLION.SEES Q4 NON-GAAP EARNINGS PER SHARE $0.05 TO $0.09.Q4 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $380.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cree says ‍on Nov 13, co entered into second amendment to credit agreement​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Cree Inc :Cree says ‍on November 13, co entered into second amendment to credit agreement​ - SEC Filing.Cree - ‍Amendment amends credit agreement to extend maturity date for borrowings, termination of commitments of lenders to Jan 9, 2022​.  Full Article

Cree reports Q1 non-GAAP earnings per share $0.04
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Cree Inc :Cree reports financial results for the first quarter of fiscal year 2018.Q1 non-GAAP earnings per share $0.04.Q1 GAAP loss per share $0.20.Q1 revenue $360 million versus I/B/E/S view $359.7 million.Q1 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees Q2 2018 GAAP loss per share $0.25 to $0.31.Sees Q2 2018 revenue $340 million to $360 million.Cree Inc sees ‍Q2 non-GAAP net income is targeted to be in range $0.01 loss per diluted share to $0.04 earnings per diluted share​.Q2 earnings per share view $0.07, revenue view $368.0 million -- Thomson Reuters I/B/E/S.Cree Inc sees Q2 fiscal 2018 GAAP net loss per diluted share of​ ‍$0.25 to $0.31.  Full Article

Cree reports Q4 non-GAAP earnings per share $0.04
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - Cree Inc :Cree reports financial results for the fourth quarter and fiscal year 2017.Q4 non-GAAP earnings per share $0.04.Q4 GAAP loss per share $0.06.Q4 revenue $359 million versus I/B/E/S view $349.9 million.Q4 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees Q1 2018 non-GAAP earnings per share $0.02 to $0.06.Sees Q1 2018 GAAP loss per share $0.20 to $0.25.Sees Q1 2018 revenue $353 million to $367 million.Q1 earnings per share view $0.10, revenue view $360.1 million -- Thomson Reuters I/B/E/S.  Full Article

- Charles Swoboda would resign as CEO of Cree
Wednesday, 24 May 2017 

May 24 (Reuters) - Cree Inc :Charles Swoboda would resign as president, chief executive officer and chairman of board of directors following a transition period.  Full Article