DOW JONES26,957.59-123.77 -0.46%
S&P 5003,116.39-11.82 -0.38%
NASDAQ8,980.78+15.16 0.17%

Cree Q2 EPS $(0.1) Misses $(0.09) Estimate, Sales $239.9M Beat $236.38M Estimate

Cree (NASDAQ:CREE) reported quarterly losses of $(0.1) per share which missed the analyst consensus estimate of $(0.09) by 11.11 percent. This is a 143.48 percent decrease over earnings of $0.23 per share from the same

Benzinga · 01/29/2020 21:03

Cree (NASDAQ:CREE) reported quarterly losses of $(0.1) per share which missed the analyst consensus estimate of $(0.09) by 11.11 percent. This is a 143.48 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $239.9 million which beat the analyst consensus estimate of $236.38 million by 1.49 percent. This is a 41.92 percent decrease over sales of $413.036 million the same period last year.