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Cree Inc (CREE.OQ)

CREE.OQ on NASDAQ Stock Exchange Global Select Market

42.84USD
16 Nov 2018
Change (% chg)

$-1.10 (-2.50%)
Prev Close
$43.94
Open
$42.93
Day's High
$43.40
Day's Low
$42.16
Volume
592,365
Avg. Vol
497,560
52-wk High
$51.77
52-wk Low
$30.80

Latest Key Developments (Source: Significant Developments)

Cree Announces Pricing Of $500 Mln Convertible Senior Notes Offering
Wednesday, 22 Aug 2018 07:59am EDT 

Aug 22 (Reuters) - Cree Inc ::CREE ANNOUNCES PRICING OF $500 MILLION CONVERTIBLE SENIOR NOTES OFFERING.CREE SAYS PRICING OF $500 MILLION 0.875% CONVERTIBLE SENIOR NOTES DUE 2023 IN PRIVATE OFFERING.  Full Article

Cree says ‍on Nov 13, co entered into second amendment to credit agreement​
Thursday, 16 Nov 2017 04:16pm EST 

Nov 16 (Reuters) - Cree Inc :Cree says ‍on November 13, co entered into second amendment to credit agreement​ - SEC Filing.Cree - ‍Amendment amends credit agreement to extend maturity date for borrowings, termination of commitments of lenders to Jan 9, 2022​.  Full Article

Cree reports Q1 non-GAAP earnings per share $0.04
Tuesday, 17 Oct 2017 04:01pm EDT 

Oct 17 (Reuters) - Cree Inc :Cree reports financial results for the first quarter of fiscal year 2018.Q1 non-GAAP earnings per share $0.04.Q1 GAAP loss per share $0.20.Q1 revenue $360 million versus I/B/E/S view $359.7 million.Q1 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees Q2 2018 GAAP loss per share $0.25 to $0.31.Sees Q2 2018 revenue $340 million to $360 million.Cree Inc sees ‍Q2 non-GAAP net income is targeted to be in range $0.01 loss per diluted share to $0.04 earnings per diluted share​.Q2 earnings per share view $0.07, revenue view $368.0 million -- Thomson Reuters I/B/E/S.Cree Inc sees Q2 fiscal 2018 GAAP net loss per diluted share of​ ‍$0.25 to $0.31.  Full Article

Cree reports Q4 non-GAAP earnings per share $0.04
Tuesday, 22 Aug 2017 04:01pm EDT 

Aug 22 (Reuters) - Cree Inc :Cree reports financial results for the fourth quarter and fiscal year 2017.Q4 non-GAAP earnings per share $0.04.Q4 GAAP loss per share $0.06.Q4 revenue $359 million versus I/B/E/S view $349.9 million.Q4 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees Q1 2018 non-GAAP earnings per share $0.02 to $0.06.Sees Q1 2018 GAAP loss per share $0.20 to $0.25.Sees Q1 2018 revenue $353 million to $367 million.Q1 earnings per share view $0.10, revenue view $360.1 million -- Thomson Reuters I/B/E/S.  Full Article

Light Polymers says signed patent license agreement with Cree
Tuesday, 15 Aug 2017 11:00am EDT 

Aug 15 (Reuters) - Light Polymers: :Light Polymers and Cree, Inc. sign patent license agreement.Agreement will allow co to apply their proprietary nanochemistry to manufacture luminaires with special photonic films ​.  Full Article

Cree and Emson settle patent dispute and reach supply agreement
Tuesday, 1 Aug 2017 09:00am EDT 

Aug 1 (Reuters) - Cree Inc :Cree and Emson settle patent dispute and reach supply agreement.Has reached a confidential settlement in its patent infringement lawsuit with E. Mishan and Sons.Cree Inc - ‍Emson agreed to an exclusive supply agreement to purchase Cree high power LEDS for its flashlights​.  Full Article

Cree reports ceo succession plan
Friday, 19 May 2017 09:09am EDT 

May 19 (Reuters) - Cree Inc ::Cree announces ceo succession plan.Cree - company reaffirms guidance for fourth fiscal quarter of 2017.Cree says chairman and ceo Chuck Swoboda to step down upon appointment of his successor.Cree - chairman and CEO Chuck Swoboda to step down upon appointment of his successor.Cree - Swoboda intends to stay on until a successor is appointed.Cree inc - both internal and external candidates will be considered for CEO.Q4 earnings per share view $0.04, revenue view $349.9 million -- Thomson Reuters I/B/E/S.Cree Inc - board of directors will retain an executive search firm to identify a successor.  Full Article

Cree reports Q3 GAAP loss per share $1.02
Tuesday, 25 Apr 2017 04:02pm EDT 

April 25 (Reuters) - Cree Inc :Cree reports financial results for the third quarter of fiscal year 2017.Q3 non-GAAP earnings per share $0.01.Q3 GAAP loss per share $1.02.Q3 revenue $342 million versus I/B/E/S view $356.3 million.Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees Q4 2017 loss per share $0.16 to $0.23.Sees Q4 2017 revenue $340 million to $360 million.Cree Inc - Q4 2017 non-GAAP net income is targeted in a range of $2 million to $7 million, or $0.02 to $0.07 per diluted share.Q4 earnings per share view $0.13, revenue view $379.9 million -- Thomson Reuters I/B/E/S.  Full Article

Cree announces patent license agreement with Ledvance
Wednesday, 22 Mar 2017 09:00am EDT 

Cree Inc : Cree announces patent license agreement with Ledvance . Cree Inc- in exchange, Ledvance will receive a license to Cree's extensive portfolio of patents related to led light bulbs and LED luminaires .As per agreement, Cree will receive ongoing royalty payments and a royalty-free license to Ledvance's patent portfolio.  Full Article

Cree Inc says will be reintegrating Wolfspeed business into Cree
Wednesday, 22 Feb 2017 04:08pm EST 

Cree Inc : Cree Inc says will be reintegrating Wolfspeed business into Cree . Cree says will be eliminating Wolfspeed executive-level positions created in connection with originally planned initial public offering of Wolfspeed .Cree says Franco Plastina, Cree's executive vice president - Power and RF, and CEO of Wolfspeed business unit, has stepped down from those positions.  Full Article