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Financial Press Releases
Date Title and Summary View
Apr 14, 2005
DURHAM, NC, APRIL 14, 2005 — Cree, Inc. (Nasdaq: CREE) today announced revenue of $96,710,000 for the third quarter of fiscal 2005 which ended on March 27, 2005, representing a 25 percent increase over the Company’s comparable year ago period revenue of $77,223,000. Net income for the third quarter increased 37 percent to $20,683,000...
Aug 11, 2005
DURHAM, NC, AUGUST 11, 2005 — Cree, Inc. (Nasdaq: CREE) today announced revenue for its fiscal 2005 of $389,064,000, representing a 27 percent increase over the $307,359,000 reported for the year ended June 27, 2004. Gross margin increased from 47 percent to 52 percent of revenue year-over-year and operating profit increased 51 percent to ...
Oct 20, 2005
DURHAM, NC, OCTOBER 20, 2005 — Cree, Inc. (Nasdaq: CREE) today announced revenue of $103,856,000 for the first quarter of fiscal 2006, representing an eight percent increase over the Company’s comparable year ago period revenue of $95,897,000, and a five percent increase sequentially. Net income for the first quarter was $21,720,000...
Jan 19, 2006
DURHAM, NC, JANUARY 19, 2006 — Cree, Inc. (Nasdaq: CREE) today announced financial results for the second quarter of fiscal 2006, which ended December 25, 2005, and now reflects the silicon microwave business located in Sunnyvale, California, as a discontinued operation. For comparative purposes to our previous guidance, which did not ref...
Apr 20, 2006
DURHAM, NC, APRIL 20, 2006 — Cree, Inc. (Nasdaq: CREE) today announced revenue of $107,704,000 for the third quarter of fiscal 2006, which ended March 26, 2006. This represents a 12% increase over the Company’s comparable year-ago period revenue from continuing operations of $95,754,000, and a two-percent increase sequentially. Net ...
Aug 10, 2006
DURHAM, NC, AUGUST 10, 2006 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $106.7 million for its fiscal fourth quarter ended June 25, 2006. This represents a 9% increase over the revenue of $98.2 million...
Oct 19, 2006
DURHAM, NC, OCTOBER 19, 2006 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $103.9 million for its fiscal first quarter ended September 24, 2006. This represents a 1% increase over the revenue of $102.9 m...
Dec 7, 2006
DURHAM, NC, DECEMBER 7, 2006 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revised revenue and earnings targets for its fiscal second quarter ending December 24, 2006. Revenue targets have been reduced to a range o...
Jan 18, 2007
DURHAM, NC, JANUARY 18, 2007 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $88.8 million for its fiscal second quarter ended December 24, 2006. This represents a 16% decrease compared to revenue of $105....
Mar 12, 2007
DURHAM, NC, March 12, 2007 — Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, today announced a definitive agreement to acquire privately held COTCO Luminant Device Ltd. (“COTCO”), headquartered in Hong Kong, in a combined stock and cash transaction valued at approximately US $200 million.The acquisition of COTCO, a...
Apr 2, 2007
DURHAM, NC, April 2, 2007 — Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, today announced that it has completed the acquisition of privately held COTCO Luminant Device Limited (“COTCO”), headquartered in Hong Kong. Cree’s intention to acquire COTCO was announced March 12, 2007.The acquisition of COTCO, a le...
Apr 19, 2007
DURHAM, NC, APRIL 19, 2007 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $90.3 million for its fiscal third quarter ended March 25, 2007. This represents a 2% increase compared to the fiscal second quart...
Aug 7, 2007
DURHAM, NC, August 7, 2007 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $111.2 million for its fiscal fourth quarter ended June 24, 2007. This represents a 23% increase compared to the fiscal third quar...
Sep 17, 2007
DURHAM, NC, SEPTEMBER 17, 2007 – Cree, Inc. (Nasdaq: CREE) today announced that Cree and Nichia Corporation have entered into an agreement that expands their cross license arrangements announced in 2002 and 2005 to include additional patents relating to white LED technology and certain Cree patents relating to nitride lasers. The agreement...
Oct 18, 2007
DURHAM, N.C., October 18, 2007 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $113.4 million for its fiscal first quarter ended September 23, 2007. This represents a 2% increase compared to the fiscal fou...
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