Financial Press Releases

Date Title and Summary Additional Formats
Toggle Summary Cree, Inc. to Host Investor Day Presentation on Monday, February 26, 2018
DURHAM, N.C. --(BUSINESS WIRE)--Feb. 13, 2018-- Cree, Inc. (Nasdaq: CREE) will host an Investor Day on Monday, Feb. 26, 2018 at 9:00 a.m. ET in New York City . The event will feature presentations on the Company’s strategy and long-term financial outlook.
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Toggle Summary Cree Reports Financial Results for the Second Quarter of Fiscal Year 2018
DURHAM, N.C. --(BUSINESS WIRE)--Jan. 23, 2018-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its second quarter of fiscal 2018, ended December 24, 2017. Revenue for the second quarter of fiscal 2018 was $368 million , which represents an 8% decrease compared to revenue of $401
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Toggle Summary Cree Reports Financial Results for the First Quarter of Fiscal Year 2018
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its first quarter of fiscal 2018, ended September 24, 2017 . Revenue for the first quarter of fiscal 2018 was $360 million , which represents a 3% decrease compared to revenue of $371 million for the
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Toggle Summary Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2017
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $359 million for its fourth quarter of fiscal 2017, ended June 25, 2017 . This represents an 8% decrease compared to revenue of $388 million reported for the fourth quarter of fiscal 2016, and a 5% increase
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Toggle Summary Cree Reports Financial Results for the Third Quarter of Fiscal Year 2017
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its third quarter of fiscal 2017, ended March 26, 2017 , which results include the Company's Wolfspeed segment being reported as part of the Company's continuing operations.
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Toggle Summary Cree Reports Financial Results for the Second Quarter of Fiscal Year 2017
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced consolidated revenue of $347 million from continuing operations, and $54 million from discontinued operations, for a combined revenue of $401 million for its second quarter of fiscal 2017.
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Toggle Summary Cree, Inc. Announces 2017 Second Quarter Earnings Release Webcast
Cree, Inc. ( NASDAQ : CREE):     What: Cree, Inc. ( NASDAQ : CREE) Q2 2017 Quarterly Earnings Webcast   When: January 24, 2017 at 5:00 p.m. ET   Where: http://investor.cree.com/events.cfm   How: Live over the Internet - Simply log in at the address above.
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Toggle Summary Cree Reports Financial Results for the First Quarter of Fiscal Year 2017
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced consolidated revenue of $321 million from continuing operations, and $50 million from discontinued operations, for a combined revenue of $371 million for its first quarter of fiscal 2017.
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Toggle Summary Cree, Inc. Announces 2017 First Quarter Earnings Release Webcast
Cree, Inc. ( NASDAQ : CREE): What:   Cree, Inc. ( NASDAQ : CREE) Q1 2017 Quarterly Earnings Webcast   When: October 18, 2016 at 5:00 p.m. ET   Where: http://investor.cree.com/events.cfm   How: Live over the Internet - Simply log in at the address above.
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Toggle Summary Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2016
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $388 million for its fourth quarter of fiscal 2016, ended June 26, 2016 . This represents a 2% increase compared to revenue of $382 million reported for the fourth quarter of
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Toggle Summary Cree to Sell Wolfspeed to Infineon for $850 Million Cash
Transaction Sharpens Cree's Strategic Focus on LED Lighting DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced execution of a definitive agreement to sell its Wolfspeed Power and RF division ("Wolfspeed"), which includes the silicon carbide
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Toggle Summary Infineon to acquire Wolfspeed for US Dollar 850 million in cash
- Combination further strengthens Infineon as leading supplier of power and radio-frequency (RF) power solutions in high-growth markets such as electro-mobility, renewables and next-generation cellular infrastructure relevant for the Internet of Things (IoT)- Acquisition further enables Infineon to provide the most compelling power solutions with the broadest offering in compound semiconductors including silicon carbide (SiC), gallium nitride on silicon (GaN-on-Si), and gallium nitride on silicon carbide (GaN-on-SiC)- Transaction to be immediately margin and adjusted earnings-per-share accretive- Transaction will be financed by incremental debt of US Dollar 720 million and US Dollar 130 million cash-on-hand- Closing expected by the end of calendar year 2016
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Toggle Summary Cree Reports Financial Results for the Third Quarter of Fiscal Year 2016
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $367 million for its third quarter of fiscal 2016, ended March 27, 2016 . This compares to revenue of $410 million reported for the third quarter of fiscal 2015, and $436 million
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Toggle Summary Cree, Inc. Announces 2016 Third Quarter Earnings Release Webcast
Cree, Inc. ( NASDAQ : CREE): What:   Cree, Inc. ( NASDAQ : CREE) Q3 2016 Quarterly Earnings Webcast   When: April 26, 2016 at 5:00 p.m. EST   Where: http://investor.cree.com/events.cfm   How: Live over the Internet - Simply log in at the address above.
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Toggle Summary Cree Announces Preliminary Financial Results for the Third Quarter of Fiscal 2016
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced preliminary estimates of financial results for its third fiscal quarter ended March 27, 2016 . Revenue for the quarter is estimated to be approximately $367 million , with earnings estimated
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