Cree (CREE) Tops Q1 EPS by 10c, Offers Q2 Guidance

Cree (NASDAQ: CREE) reported Q1 EPS of $0.22, $0.10 better than the analyst estimate of $0.12. Revenue for the quarter came in at $408 million versus the consensus estimate of $407.32 million.

GUIDANCE:

Cree sees Q2 2019 EPS of $0.15-$0.19, versus the consensus of $0.13. Cree sees Q2 2019 revenue of $398-418 million, versus the consensus of $419.89 million.

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

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