Financial Press Releases

Date Title and Summary Additional Formats
Toggle Summary Cree, Inc. to Report First Quarter Fiscal 2021 Earnings on October 28, 2020
DURHAM, N.C. --(BUSINESS WIRE)--Oct. 22, 2020-- Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2021 results and business outlook on October 28, 2020 , at 5:00 p.m. Eastern Time .
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Toggle Summary Cree, Inc. to sell LED Business to SMART Global Holdings, Inc. for up to $300 Million
Upon closing, creates a pure-play global semiconductor powerhouse focused on providing disruptive technology solutions to high-growth segments including EV, 5G and industrial applications Transaction represents a key milestone in Cree’s transformation to focus on silicon carbide and gallium nitride
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Toggle Summary Cree Reports Financial Results for the Fourth Quarter of Fiscal Year 2020
DURHAM, N.C. --(BUSINESS WIRE)--Aug. 18, 2020-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $205.7 million for its fourth quarter of fiscal 2020, ended June 28, 2020 . This represents an 18% decrease compared to revenue of $251.2 million reported for the fourth quarter of fiscal 2019, and
Toggle Summary Cree, Inc. to Report Fourth Quarter Fiscal 2020 Earnings on August 18, 2020 View HTML
Toggle Summary Yutong Group to Deliver Its First Electric Bus in China to Use Silicon Carbide in Powertrain View HTML
Toggle Summary Cree Reports Financial Results for the Third Quarter of Fiscal Year 2020
Toggle Summary Cree, Inc. Announces Date for Third Quarter Fiscal 2020 Earnings Release and Webcast
DURHAM, N.C. --(BUSINESS WIRE)--Apr. 22, 2020-- Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call with analysts to discuss its third quarter fiscal 2020 results and business outlook on April 29, 2020 , at 5:00 p.m. Eastern Daylight Time .
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Toggle Summary Cree Announces Pricing of $500 Million Convertible Senior Notes Offering
DURHAM, N.C. --(BUSINESS WIRE)--Apr. 17, 2020-- Cree, Inc. (NASDAQ: CREE) (“Cree”) today announced the pricing on April 16, 2020 , of $500 million aggregate principal amount of its 1.75% Convertible Senior Notes due 2026 (the “Notes”) in a private offering (the “Offering”) to qualified
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Toggle Summary Cree Announces Offering of $500 Million of Convertible Senior Notes
DURHAM, N.C. --(BUSINESS WIRE)--Apr. 16, 2020-- Cree, Inc. (NASDAQ: CREE) (“Cree”) today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of its Convertible Senior Notes due 2026 (the “Notes”) in a private offering (the
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Toggle Summary Cree Announces Preliminary Third Quarter Fiscal 2020 Results and Provides Business Update
DURHAM, N.C. --(BUSINESS WIRE)--Apr. 2, 2020-- Cree, Inc. (Nasdaq: CREE) today announced preliminary results for its third quarter of fiscal 2020 ended March 29, 2020 and provided a business update in light of the COVID-19 pandemic, which has had a greater impact than originally anticipated when
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Toggle Summary Cree Reports Financial Results for the Second Quarter of Fiscal Year 2020
DURHAM, N.C. --(BUSINESS WIRE)--Jan. 29, 2020-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $239.9 million for its second quarter of fiscal 2020, ended December 29, 2019 . This represents a 14% decrease compared to revenue of $280.5 million reported for the second quarter of fiscal 2019,
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Toggle Summary Cree and STMicroelectronics Expand and Extend Existing Silicon Carbide Wafer Supply Agreement
DURHAM, N.C. & GENEVA--(BUSINESS WIRE)--Nov. 19, 2019-- Cree, Inc. (Nasdaq: CREE) and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the expansion and extension of an existing multi-year, long-term
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Toggle Summary Cree and ABB Announce Silicon Carbide Partnership to Deliver Automotive and Industrial Solutions
Enables Cree to broaden its customer base, delivering silicon carbide to high-power applications in power grids, train, traction and e-mobility sectors Accelerates market entry of ABB’s Power Grids business into the high-growth electric vehicles (EV) sector DURHAM, N.C. --(BUSINESS WIRE)--Nov.
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Toggle Summary ZF and Cree Advance the Electric Drive
A strategic partnership has been created to advance the Electric Powertrain with Silicon Carbide-Based Inverter New Silicon Carbide-Based Inverter solutions help increase drive efficiency and extend the range of electric cars SCHWEINFURT, Germany & DURHAM, N.C. --(BUSINESS WIRE)--Nov.
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Toggle Summary Cree Reports Financial Results for the First Quarter of Fiscal Year 2020
DURHAM, N.C. --(BUSINESS WIRE)--Oct. 30, 2019-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $242.8 million for its first quarter of fiscal 2020, ended September 29, 2019 . This represents an 11% decrease compared to revenue of $274.2 million reported for the first quarter of fiscal 2019,
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