CS Services Financial Analysts

Cree’s Many Accomplishments Belie its Financial Results for Fiscal 2007

Compound semiconductor and solid state lighting innovator, Cree Inc. of Durham, North Carolina USA, reported its financial results for fiscal 2007. The yearly revenue for fiscal 2007 decreased 7 percent compared to the revenue for fiscal 2006 dropping from $423 million for fiscal 2006 to $394.1 million for fiscal 2007. …

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Cree Revenue Falls, But New Products Begin Brisk Sales in Q2 Fiscal 2007

Cree Inc. of Durham, North Carolina USA reported a 16 percent revenue decrease for the second quarter of fiscal 2007 ending December 24, 2006, compared to the same period a year ago. Profit for the quarter declined about 6.8 percent compared to a year ago. For the first half of …

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