Cree Inc. (CREE) Beats By 3c, Issues Guidance
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Cree Inc. (Nasdaq: CREE) reports Q3 EPS of $0.14 ex-items, 3 cents better than the analyst estimate of $0.11. Revenues for the quarter were $125 million, versus the consensus of $122.23 million.
Q4 eps 12-14 cents versus 13 cents.
Cree, Inc. develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN), and related compounds.
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