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Financial Press Releases
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Apr 25, 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. While the sale of Wolfspeed to Infineon ...
Jan 24, 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. This rep...
Jan 17, 2017
Cree, Inc. (NASDAQ: CREE):     What: Cree, Inc. (NASDAQ:...
Oct 18, 2016
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. This repr...
Oct 11, 2016
Cree, Inc. (NASDAQ: CREE): What:   Cree, Inc. (NASDAQ: CREE) Q1 2017 Quarterly Earnings Webcast   ...
Aug 16, 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 fiscal 2015, and a 6%...
Jul 14, 2016
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 ca...
Jul 14, 2016
MUNICH and DURHAM, N.C., July 14, 2016 /PRNewswire/ -- Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cree, Inc. (Nasdaq: CREE) announced today that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division ("Wolfspeed") of Cree. The deal also includes the related SiC wafer substrate business for power ...
Apr 26, 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 reported for the ...
Apr 19, 2016
Cree, Inc. (NASDAQ: CREE): What:   Cree, Inc. (NASDAQ: CREE) Q3 2016 Quarterly Earnings Webcast   ...
Apr 5, 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 $367 million, with earnings estimated to be ($...
Jan 19, 2016
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (NASDAQ: CREE), a market leader in LED lighting, today announced revenue of $436 million for its second quarter of fiscal 2016, ended December 27, 2015. This represents a 5% increase compared to revenue of $413 million reported for the second quarter of fiscal 2015, ...
Jan 12, 2016
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (NASDAQ: CREE) What: Cree, Inc. (NASDAQ: CREE) Q2 2016 Quarterly Earnings Webcast When: January 19, 2016 at 5:00 p.m. EST Where: http://investor.cree.com/events.cfm How: Live over the Internet - Sim...
Oct 20, 2015
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $425.5 million for its first quarter of fiscal 2016, ended September 27, 2015. This represents a 1% decrease compared to revenue of $427.7 million reported for the first quarter of fiscal ...
Aug 11, 2015
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $382 million for its fourth quarter of fiscal 2015, ended June 28, 2015. This represents a 12% decrease compared to revenue of $436 million reported for the fourth quarter of fiscal 2014, and a 7...
Jun 24, 2015
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced that the board of directors has approved the following: A restructuring of the LED Products business A $500 million stock buyback authorization for fiscal y...
Apr 21, 2015
DURHAM, N.C., April 21, 2015 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $409.5 million for its third quarter of fiscal 2015, ended March 29, 2015. This represents a 1% increase compared to revenue of $405.3 million reported for the third quarter of fiscal 2014. GAAP net income for the third...
Jan 20, 2015
DURHAM, N.C., January 20, 2015 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $413.2 million for its second quarter of fiscal 2015, ended December 28, 2014, which is similar to revenue of $415.1 million reported for the second quarter of fiscal 2014. GAAP net income for the second quarter was ...
Oct 21, 2014
DURHAM, N.C., October 21, 2014 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $427.7 million for its first quarter of fiscal 2015, ended September 28, 2014. This represents a 9% increase compared to revenue of $391.0 million reported for the first quarter of fiscal 2014. GAAP net income for the first q...
Oct 2, 2014
DURHAM, N.C., October 2, 2014 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced preliminary estimates of financial results for its first fiscal quarter ended September 28, 2014. Revenue for the quarter is expected to be approximately $428 million, with earnings expected below the company's previously announc...
Aug 12, 2014
DURHAM, N.C., August 12, 2014 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $436 million for its fourth quarter of fiscal 2014, ended June 29, 2014. This represents a 16% increase compared to revenue of $375 million reported for the fourth quarter of fiscal 2013, and an 8% increase compared to ...
May 8, 2014
DURHAM, N.C., May 8, 2014 - On May 6, 2014, the board of directors of Cree, Inc. (Nasdaq: CREE and the "Company") approved an increase in the amount of the Company's stock repurchase program. Pursuant to the program, the Company is now authorized to repurchase shares of its common stock having an aggregate purchase price not exceed...
Apr 22, 2014
DURHAM, N.C., April 22, 2014 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $405.3 million for its third quarter of fiscal 2014, ended March 30, 2014. This represents a 16% increase compared to revenue of $348.9 million reported for the third quarter of fiscal 2013. GAAP net income for the third q...
Jan 21, 2014
DURHAM, N.C., January 21, 2014 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $415.1 million for its second quarter of fiscal 2014, ended December 29, 2013. This represents a 20% increase compared to revenue of $346.3 million reported for the second quarter of fiscal 2013, and a 6% increase compared to...
Oct 22, 2013
DURHAM, N.C., October 22, 2013 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $391.0 million for its first quarter of fiscal 2014, ended September 29, 2013. This represents a 24% increase compared to revenue of $315.8 million reported for the first quarter of fiscal 2013, and a 4% increase compare...
Aug 13, 2013
DURHAM, N.C., October 22, 2013 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $391.0 million for its first quarter of fiscal 2014, ended September 29, 2013. This represents a 24% increase compared to revenue of $315.8 million reported for the first quarter of fiscal 2013, and a 4% increase compare...
Apr 23, 2013
DURHAM, N.C., April 23, 2013 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $348.9 million for its third quarter of fiscal 2013, ended March 31, 2013. This represents a 23% increase compared to revenue of $284.8 million reported for the third quarter of fiscal 2012, and a 1% increase compared to t...
Mar 5, 2013
DURHAM, N.C., March 5, 2013 - Cree, Inc. (Nasdaq: CREE) introduces a game-changing series of LED bulbs at a retail price point that gives consumers a reason to switch to LED lighting. The long-lasting Cree LED bulbs showcase Cree's commitment to LED lighting innovation. The new bulbs shine as brightly as comparable incandescents while s...
Jan 22, 2013
DURHAM, N.C., January 22, 2013 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $346.3 million for its second quarter of fiscal 2013, ended December 30, 2012. This represents a 14% increase compared to revenue of $304.1 million reported for the second quarter of fiscal 2012 and a 10% increase compar...
Oct 16, 2012
DURHAM, N.C., October 16, 2012 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $315.8 million for its first quarter of fiscal 2013, ended September 23, 2012. This represents a 17% increase compared to revenue of $269.0 million reported for the first quarter of fiscal 2012 and a 3% increase compar...
Aug 7, 2012
DURHAM, N.C., August 7, 2012 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $306.8 million for its fourth quarter of fiscal 2012, ended June 24, 2012. This represents a 26% increase compared to revenue of $243.0 million reported for the fourth quarter of fiscal 2011 and an 8% increase compared ...
Apr 17, 2012
DURHAM, N.C., April 17, 2012 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $284.8 million for its third quarter of fiscal 2012, ended March 25, 2012. This represents a 30% increase compared to revenue of $219.2 million reported for the third quarter of fiscal 2011 and a 6% decrease compared to ...
Jan 17, 2012
DURHAM, N.C., January 17, 2012 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $304.1 million for its second quarter of fiscal 2012, ended December 25, 2011. This represents an 18% increase compared to revenue of $257.0 million reported for the second quarter of fiscal 2011 and a 13% increase co...
Oct 18, 2011
DURHAM, N.C., October 18, 2011 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $269.0 million for its first quarter of fiscal 2012, ended September 25, 2011. This represents a 0.2% increase compared to revenue of $268.4 million reported for the first fiscal quarter last year and a 11% increase comp...
Sep 7, 2011
DURHAM, N.C., September 7, 2011 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at an upcoming conference. John Kurtzweil, Executive Vice President and Chief Financial Officer, will provide a company overview at the following conference: The J.P. Morgan Third L...
Aug 17, 2011
DURHAM, N.C., August 17, 2011 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced the acquisition of Ruud Lighting, Inc., a leader in LED outdoor lighting, at an estimated net cost of approximately $525 million. Combining two highly complementary LED innovators, the acquisition ...
Aug 9, 2011
DURHAM, N.C., August 9, 2011 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $243.0 million for its fourth quarter of fiscal 2011, ended June 26, 2011. This represents an 8% decrease compared to revenue of $264.6 million reported for the fourth fiscal quarter last year and an 11% increase compared ...
Apr 19, 2011
DURHAM, N.C., April 19, 2011 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $219.2 million for its third quarter of fiscal 2011, ended March 27, 2011. This represents a 6% decrease compared to revenue of $234.1 million reported for the third fiscal quarter last year and a 15% decrease compared t...
Feb 17, 2011
DURHAM, N.C., February 17, 2011 - Cree, Inc. (NASDAQ: CREE), a market leader in LED lighting, today announced it will webcast presentations at three upcoming conferences: Chuck Swoboda, chairman and chief executive officer, will provide a company overview at The Jefferies 11th Global Clean Techno...
Jan 18, 2011
DURHAM, N.C., January 18, 2011 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $257.0 million for its second quarter of fiscal 2011, ended December 26, 2010. This represents a 29% increase compared to revenue of $199.5 million reported for the second fiscal quarter last year and a 4% decrease compa...
Jan 11, 2011
Second Quarter Earnings Release and Conference Call The earnings release will be emailed to you after it has been released over the wires. 4:00 pm (EST) Earnings Released ...
Oct 26, 2010
DURHAM, N.C., Oct 26, 2010 (BUSINESS WIRE) -- Cree, Inc. (Nasdaq: CREE) announces that Robert Tillman, former Lowe's Companies chairman and chief executive officer, was elected to the Company's Board of Directors, and to the Board's Compensation Committee, effective October 26, 2010. "We welcome Bob to our Board of Director...
Oct 25, 2010
DURHAM, N.C., Oct 25, 2010 (BUSINESS WIRE) -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at three upcoming events. Chuck Swoboda, chairman and chief executive officer, will provide a company overview at Cree's Fiscal Year 2010 Annual Meeting of Shareholders o...
Oct 19, 2010
DURHAM, N.C., Oct 19, 2010 (BUSINESS WIRE) -- Cree, Inc. (Nasdaq: CREE), announced that an audio replay of its first quarter fiscal year 2011 conference call held at 5:00 p.m. EDT today will be available beginning at approximately 8:00 p.m. EDT on October 19, 2010 at the following numbers: ...
Oct 19, 2010
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq:CREE - News), a market leader in LED lighting, today announced record revenue of $268.4 million for its first quarter of fiscal 2011, ended September 26, 2010. This represents a ...
Aug 10, 2010
DURHAM, N.C., August 10, 2010 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced record revenue of $264.6 million for its fourth quarter of fiscal 2010, ended June 27, 2010. This represents a 79% increase compared to revenue of $148.1 million reported for the fourth fiscal quarter last year and a 13% increase compared ...
Aug 9, 2010
DURHAM, N.C., August 9, 2010 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at two upcoming conferences. John Kurtzweil, Executive Vice President and Chief Financial Officer, will provide a company overview at the following conferences:* The Morgan Keegan 2010 Technolo...
May 7, 2010
DURHAM, N.C., May 7, 2010 – Cree, Inc. (NASDAQ: CREE), a market leader in LED lighting, today announced it will webcast its presentation at three upcoming conferences. John Kurtzweil, Executive Vice President and Chief Financial Officer, will provide a company overview at the following conferences:* The 38th Annual J. P. Morgan G...
Apr 20, 2010
DURHAM, N.C., April 20, 2010 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced record revenue of $234.1 million for its third quarter of fiscal 2010, ended March 28, 2010. This represents a 78% increase compared to revenue of $131.1 million reported for the third fiscal quarter last year and a 17% increase c...
Feb 3, 2010
DURHAM, N.C., February 3, 2010 – Cree, Inc. (NASDAQ: CREE), a market leader in LED lighting, today announced it will webcast its presentation at two upcoming conferences. John Kurtzweil, Executive Vice President and Chief Financial Officer, will provide a company overview at the following conferences:* The Thomas Weisel Partners ...
Jan 19, 2010
DURHAM, N.C., January 19, 2010 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced record revenue of $199.5 million for its second quarter of fiscal 2010, ended December 27, 2009. This represents a 35% increase compared to revenue of $147.6 million reported for the second fiscal quarter last year and an 18% increa...
Oct 20, 2009
DURHAM, N.C., OCTOBER 20, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced record revenue of $169.1 million for its first quarter of fiscal 2010, ended September 27, 2009. This represents a 20% increase compared to revenue of $140.4 million reported for the first fiscal quarter last year and a 14% increase...
Sep 17, 2009
DURHAM, N.C., September 17, 2009 – Cree, Inc. (Nasdaq: CREE), today announced that the underwriters of its recent public offering of common stock have fully exercised their overallotment option resulting in the issuance of an additional 1,650,000 shares. The option was granted in connection with the public offering of 11,000,000 shares o...
Sep 10, 2009
DURHAM, N.C., SEPTEMBER 10, 2009 – Cree, Inc. (Nasdaq: CREE), today announced that the public offering of 11,000,000 shares of its common stock has priced at $35.50 per share for gross proceeds of $390.5 million. The offering includes a 30-day option for the underwriters to purchase up to 1,650,000 additional shares to cover overallotments...
Sep 8, 2009
DURHAM, N.C., SEPTEMBER 8, 2009 – Cree, Inc. (Nasdaq: CREE) today announced it has commenced an underwritten public offering of 11,000,000 shares of its common stock. The offering includes a 30-day option for the underwriters to purchase up to 1,650,000 additional shares to cover overallotments, if any. Cree is conducting the offering purs...
Aug 11, 2009
DURHAM, N.C., August 11, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced record revenue of $148.1 million for its fourth quarter of fiscal 2009, ended June 28, 2009. This represents a 9% increase compared to revenue of $135.9 million reported for the fourth fiscal quarter last year and a 13% increase comp...
Aug 6, 2009
DURHAM, N.C., August 6, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at two upcoming conferences. John Kurtzweil, executive vice president and chief financial officer, will provide a company overview at the following conferences:* The Morgan Keegan 2009 Technol...
Aug 5, 2009
DURHAM, N.C., August 5, 2009 - Cree Inc. (Nasdaq: CREE) announces the following Webcast:What: Cree, Inc.'s Q4 and Fiscal 2009 Full Year Conference CallWhen: August 11, 2009 @ 5:00 PM EasternWhere: http://www.videonewswire.com/event.asp?id=60704...
May 26, 2009
DURHAM, N.C., May 26, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced increased revenue and earnings targets for its fiscal fourth quarter ending June 28, 2009. Cree now targets revenue in a range of $143 million to $150 million with GAAP earnings of $0.07 to $0.09 per diluted share and non-GAAP earnings ...
May 13, 2009
DURHAM, N.C., May 13, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at three upcoming conferences. John Kurtzweil, executive vice president and chief financial officer, will provide a company overview at the following conferences:* The J.P. Morgan Global Technol...
Apr 21, 2009
DURHAM, N.C., April 21, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $131.1 million for its third quarter of fiscal 2009, ended March 29, 2009. This represents a 5% increase compared to revenue of $125.0 million reported for the third fiscal quarter last year and an 11% decrease compared to ...
Feb 11, 2009
DURHAM, N.C., FEBRUARY 11, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at four upcoming conferences. Chuck Swoboda, chairman and chief executive officer, will provide a company overview at the following conferences:* The Kaufman Brothers Green Investor Confere...
Jan 20, 2009
DURHAM, N.C., JANUARY 20, 2009 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $147.6 million for its second quarter of fiscal 2009, ended December 28, 2008. This represents a 24% increase compared to revenue of $119.0 million reported for the second fiscal quarter last year and a 5% increase compar...
Dec 31, 2008
DURHAM, NC, DECEMBER 31, 2008 — Cree, Inc. (Nasdaq: CREE) announces that Robert Ingram, vice chairman Pharmaceuticals of GlaxoSmithKline, was elected to the Company’s Board of Directors, and to the Board’s Compensation Committee and Governance and Nominations Committee, effective December 29, 2008. “We welcome Bob...
Dec 29, 2008
DURHAM, NC, DECEMBER 29, 2008 – Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, announces that Cree and Boston University have agreed with Bridgelux, Inc. to settle the parties’ patent infringement litigation and to dismiss all claims and counterclaims in the suits. As part of the settlement, Cree granted Bridgelux a license to ...
Nov 11, 2008
DURHAM, N.C., November 11, 2008 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at the upcoming UBS Global Technology and Services Conference. Chuck Swoboda, chairman and CEO, will provide a company overview at the conference on Tuesday, November 18th at 8:15 a.m. Eastern time....
Oct 21, 2008
DURHAM, N.C., October 21, 2008 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $140.4 million for its first quarter of fiscal 2009, ended September 28, 2008. This represents a 24% increase compared to revenue of $113.4 million reported for the first fiscal quarter last year and a 3% increase compare...
Aug 21, 2008
DURHAM, N.C., AUGUST 21, 2008 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced it will webcast its presentation at three upcoming conferences. John Kurtzweil, executive vice president and chief financial officer, will provide a company overview at the following conferences:* The 11th Annual Kaufman Bro...
Aug 19, 2008
DURHAM, N.C., AUGUST 19, 2008 — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces that Steve Kelley will join the company as executive vice president and chief operating officer, effective today. In this newly created position, Kelley will be responsible for business development, global manufacturing, technology and adm...
Aug 12, 2008
DURHAM, N.C., August 12, 2008 – Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $135.9 million for its fiscal fourth quarter ended June 29, 2008. This represents a 9% increase compared to the fiscal third quarter of 2008 and a 22% increase compared to revenue of $111.2 million reported for the fourth...
May 15, 2008
DURHAM, N.C., MAY 15, 2008 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of lighting-class LEDs, LED lighting retrofit solutions, and semiconductor solutions for backlighting, wireless and power applications, today announced that its board of directors approved the extension of the company’s stock repurchase program through...
Apr 22, 2008
DURHAM, N.C., APRIL 22, 2008 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of lighting-class LEDs, LED lighting retrofit solutions, and semiconductor solutions for backlighting, wireless and power applications, today announced revenue of $125.0 million for its fiscal third quarter ended March 30, 2008. This represents a 5% increa...
Mar 3, 2008
DURHAM, N.C., MARCH 3, 2008 — Cree, Inc. (Nasdaq: CREE), a market leader in LED solid-state lighting, today announced that it has completed the acquisition of privately held LED Lighting Fixtures, Inc. (“LLF”). Cree’s agreement to acquire LLF was announced February 8, 2008.At closing, Cree issued 1,852,335 shares ...
Feb 8, 2008
DURHAM, N.C., FEBRUARY 8, 2008 — Cree, Inc. (Nasdaq: CREE), a market leader in LED solid-state lighting components, today announced the signing of a definitive agreement to acquire privately-held LED Lighting Fixtures, Inc. (LLF) in a cash and stock transaction valued at approximately $77 million, plus up to an additional $26.4 million ove...
Jan 31, 2008
DURHAM, N.C., JANUARY 31, 2008 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced it will webcast its presentation at two upcoming conferences. John Kurtzweil, executive vice president and chief financial officer, will ...
Jan 22, 2008
DURHAM, N.C., JANUARY 22, 2008 – 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 $119 million for its fiscal second quarter ended December 30, 2007. This represents a 5% increase compared to the fiscal first...
Jan 3, 2008
DURHAM, NC, JANUARY 3, 2008 — Cree, Inc. (Nasdaq: CREE) announces that Frank Plastina, president, CEO and director of Tekelec, was appointed to the Company’s Board of Directors, and to the Board’s Audit Committee and Governance and Nominations Committee, effective December 31, 2007. “We are pleased to have Frank ...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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