Benzinga | Aug 18, 2020 04:02PM EDT

Cree Q4 EPS $(0.18) Beats $(0.19) Estimate, Sales $205.70M Beat $198.70M Estimate

Cree (NASDAQ:CREE) reported quarterly losses of $(0.18) per share which beat the analyst consensus estimate of $(0.19) by 5.26 percent. This is a 263.64 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $205.70 million which beat the analyst consensus estimate of $198.70 million by 3.52 percent. This is a 18.11 percent decrease over sales of $251.20 million the same period last year.