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Earnings Whisper ®
2nd Quarter December 2016
Revenue: $326.80 Mil
4:00 PM ET
Tuesday, October 18, 2016
Cree Reports Financial Results for the First Quarter of Fiscal Year 2017
What do you expect when CREE reports earnings?
Where is CREE's stock price going from here?
Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide and gallium nitride for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products. Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixtures makers to defense-related federal agencies.