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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/17/2026

1. SPY
2. GNK
3. NVDA
4. PLUR
5. AZN
6. SPCX
7. FNGR
8. GSAT
9. S
10. AGPU

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

Cree Reports Financial Results for the First Quarter of Fiscal Year 2019

October 16, 2018 4:01 PM EDT

DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its first quarter of fiscal 2019, ended September23, 2018. Revenue for the first quarter of fiscal 2019 was $408 million, which represents a 13% increase compared to revenue of $360 million for the first quarter of fiscal 2018. GAAP net loss for the first quarter of fiscal 2019 was $11 million, or $0.11 per diluted share. This compares to a GAAP net loss of $20 million, or $0.20 per diluted share, for the first quarter of fiscal 2018. On a non-GAAP basis, net income for the first quarter of fiscal 2019 was $22... More