Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2015
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/10/2026
- Nasdaq ends sharply higher; chip surge offsets Iran worries
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Applied Materials surges as CEO signals multi-year chip boom
- Oil prices settle 2% lower as economic worries outweigh supply risks
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- Key things to know ahead of SK Hynix’s blockbuster US listing
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- S&P Downgrades Oracle To 'bbb-/A-3'; Outlook Stable
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Citi names top picks in software ahead of Q2 earnings
UBS Cuts Price Target on Cree (CREE) Following Sep-15 and FY16 Guidance
August 12, 2015 9:49 AM EDTUBS maintained a Neutral rating on Cree (NASDAQ: CREE), and cut the price target to $28.00 (from $30.50), following its Sep-15 and FY16 guidance. Cree guided Sep-15 quarterly sales and EPS to $420M and $0.21 which was in line with consensus. FY16 guidance was unchanged, except for FCF which was... More
Cree (CREE) Tops Q4 EPS by 23c, Offers Q1 Guidance
August 11, 2015 4:03 PM EDTCree (NASDAQ: CREE) reported Q4 EPS of $0.19, $0.23 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $382 million versus the consensus estimate of $378.92 million.
Cree sees Q1 2015 EPS of $0.18-$0.23, versus the consensus of $0.20. Cree sees Q1 2015 revenue of $410-430... More
