Piper Jaffray Raised Price Target Following Cree's (CREE) In-Line 2Q

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Go back to Piper Jaffray Raised Price Target Following Cree's (CREE) In-Line 2Q

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Cree (CREE) Tops Q2 EPS by 6c; Guides

January 19, 2016 4:03 PM EST

Cree (NASDAQ: CREE) reported Q2 EPS of $0.30, $0.06 better than the analyst estimate of $0.24. Revenue for the quarter came in at $436 million versus the consensus estimate of $434.33 million.

GUIDANCE:

Cree sees Q3 2016 EPS of $0.22-$0.29, versus the consensus of $0.23. Cree sees Q3... More