Last $39.49 USD
Change Today -0.01 / -0.03%
Volume 1.5M
CREE On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:20 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

cree inc (CREE) Snapshot

Open
$39.21
Previous Close
$39.50
Day High
$39.81
Day Low
$39.21
52 Week High
03/21/14 - $62.40
52 Week Low
10/22/14 - $27.25
Market Cap
4.4B
Average Volume 10 Days
1.4M
EPS TTM
$0.68
Shares Outstanding
111.6M
EX-Date
--
P/E TM
57.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for CREE INC (CREE)

cree inc (CREE) Related Businessweek News

View More BusinessWeek News

cree inc (CREE) Details

Cree, Inc. develops, manufactures, and sells lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. The company’s LED Products segment provides blue and green LED chips that are used in various applications, including video screens, gaming displays, function indicator lights and automotive backlighting, headlamps, and directional indicators; LED components comprising packaged LED products for lighting applications, and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications; and silicon carbide (SiC) materials, which are used in manufacturing products for RF, power switching, gemstone, and other applications. Its Lighting Products segment offers LED and traditional lighting systems for use in settings, such as office and retail space, restaurants and hospitality, schools and universities, manufacturing, healthcare, airports, municipal, residential, street lighting, parking structures, and other applications. This segment sells its products to distributors, retailers, and customers. The company’s Power and RF Products segment provides SiC-based power products, such as Schottky diodes, SiC metal semiconductor field-effect transistors, and SiC power modules that are used in power supplies in computer servers, solar inverters, uninterruptible and industrial power supplies, and other applications; and RF devices, including a range of GaN high electron mobility transistors (HEMTs) and monolithic microwave integrated circuits (MMICs) for military, telecom, and other commercial applications, as well as provides foundry services for GaN HEMTs and MMICs that allow customers to design their own custom RF circuits. Cree, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

7,130 Employees
Last Reported Date: 08/27/14
Founded in 1987

cree inc (CREE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $742.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $391.9K
Vice Chairman of Lighting and Director
Total Annual Compensation: $439.3K
Executive Vice President of Lighting
Total Annual Compensation: $379.2K
Vice President of Lighting Operations
Total Annual Compensation: $307.8K
Compensation as of Fiscal Year 2014.

cree inc (CREE) Key Developments

Cree Introduces Field Adjustable Color Temperature for SmartCast Technology

Cree, Inc. has announced the introduction of field adjustable color temperature for SmartCast technology-enabled CR Series LED troffers. The first of Cree's luminaires to feature instantly adjustable color temperatures, Cree's groundbreaking SmartCast Technology combined with its TrueWhite Technology allow for superior color quality and consistency while providing greater flexibility to control illumination at no additional cost. The new field adjustable CCT feature demonstrates the next-generation of controllable lighting by being more flexible to individual needs and preferences, while delivering exceptional efficacy and value. In combination with the intuitive and easy-to-use SmartCast Technology, Cree luminaires featuring field adjustable color temperature enhance commercial building design by eliminating the need to decide on color temperature at the onset of installation. Ability to choose from 3,000K to 5,000K in 500K increments, SmartCast Technology-enabled CR Series LED troffers enable the use of only one troffer type in any space regardless of lighting preference. The result is simplified specification, ordering and installation with a lighting-control system that reduces energy consumption by more than 70%, allowing customers to easily realize the full promise of LED lighting controls.

Cree, Inc. Introduces a New Addition to its CXA LED Array Family

Cree, Inc. introduced a new addition to its CXA LED array family, CXA2 LED arrays, delivering up to 33% higher efficacy in the same form factors. Utilizing elements of the Cree SC5 Technology Platform, this improvement in lumen density enables better performance and radically reduces system size and cost. The new chip-on-board (COB) LEDs allow lighting manufacturers to rapidly deliver more innovative solutions for applications such as track, downlight and outdoor lighting. With the new CXA2 LED arrays, lighting manufacturers can achieve the same or better performance with a smaller LES compared to earlier products. CXA2 LED arrays share the same physical design as earlier arrays, allowing lighting manufacturers to leverage the existing optical, mechanical and electrical design elements to accelerate time to market without additional cost. LM-80 data is available for all CXA2 LED arrays for lighting manufacturers seeking ENERGY STAR qualification. The CXA2 LED arrays are also UL recognized components and feature a level 4 rating. Through improvements in the light conversion process, Cree has reduced LED-to-LED color variations and, among other options, offers CXA2 LED arrays in 2-step and 3-step EasyWhite bins. XLamp CXA2 LED arrays are available in 2700K-6500K, CRI options of 70, 80 and 90 with multiple voltage options in LES ranging from 6-30 mm with a lumen range of 250-19,000 lumens to address a wide variety of applications. Product samples are available now, and production quantities are available with standard lead times.

Cree, Inc. Approves Amendment to Bylaws

On January 27, 2015, the Board of Directors of Cree, Inc. approved an amendment to the company's bylaws to add a new forum selection provision. The forum selection provision provides that, to the fullest extent provided by law, unless the company consents in writing to the selection of an alternative forum, the sole and exclusive forum for all litigation relating to the internal affairs of the company, including without limitation (i) any derivative action or proceeding brought on behalf of the company, (ii) any action asserting a claim of breach of a fiduciary duty owed by any director, officer or other employee of the company to the company or the shareholders of the company, (iii) any action asserting a claim arising pursuant to any provision of the North Carolina Business Corporation Act, the company's Articles of Incorporation, as amended, or the bylaws, or (iv) any action asserting a claim governed by the internal affairs doctrine, shall be the state courts of North Carolina, or if such courts lack jurisdiction, a federal court located within the State of North Carolina, in all cases subject to the court's having personal jurisdiction over the indispensable parties named as defendants.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CREE:US $39.49 USD -0.01

CREE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Atmel Corp $8.62 USD -0.24
Fairchild Semiconductor International Inc $17.48 USD -0.50
Hamamatsu Photonics KK ¥6,840 JPY -20.00
Integrated Device Technology Inc $20.31 USD -0.90
Qorvo Inc $70.84 USD +1.49
View Industry Companies
 

Industry Analysis

CREE

Industry Average

Valuation CREE Industry Range
Price/Earnings 58.7x
Price/Sales 2.7x
Price/Book 1.6x
Price/Cash Flow 40.6x
TEV/Sales 2.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CREE INC, please visit www.cree.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.