Benzinga | Aug 17, 2021 04:02PM EDT

Cree Q4 Adj. EPS $(0.23) Beats $(0.24) Estimate, Sales $145.80M Beat $145.17M Estimate

Cree (NASDAQ:CREE) reported quarterly losses of $(0.23) per share which beat the analyst consensus estimate of $(0.24) by 4.17 percent. This is a 27.78 percent decrease over losses of $(0.18) per share from the same period last year. The company reported quarterly sales of $145.80 million which beat the analyst consensus estimate of $145.17 million by 0.43 percent. This is a 29.12 percent decrease over sales of $205.70 million the same period last year.