Cree (CREE) Misses Q2 EPS by 1c; Guides Below Views

Cree (NASDAQ: CREE) reported Q2 EPS of ($0.10), $0.01 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $239.9 million versus the consensus estimate of $236.38 million.

GUIDANCE:

Cree sees Q3 2020 EPS of ($0.15)-($0.09), versus the consensus of ($0.07). Cree sees Q3 2020 revenue of $221-229 million, versus the consensus of $237.9 million.

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

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