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Cree Inc Issues Q2 2013 Guidance In Line With Analysts' Estimates


Tuesday, 16 Oct 2012 04:00pm EDT 

Cree Inc announced that for second quarter of 2013, it expects revenue in a range of $320-$340 million, GAAP net income is targeted at $13-$19 million, or $0.12-$0.16 per diluted share. Non-GAAP net income is targeted in a range of $31-$36 million, or $0.27-$0.31 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $333 million and EPS of $0.30 for the second quarter of 2013. 

Company Quote

39.62
-1.33 -3.25%
4:00pm EDT