Cree (CREE) Misses Q2 EPS by 2c, Revenue Beats

Cree (NASDAQ: CREE) reported Q2 EPS of ($0.01), $0.02 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $368 million versus the consensus estimate of $349.62 million.

GUIDANCE:

Cree sees Q3 2018 EPS of ($0.03)-$0.03, versus the consensus of $0.00. Cree sees Q3 2018 revenue of $335-355 million, versus the consensus of $340.7 million.

For earnings history and earnings-related data on Cree (CREE) click here.

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