Cree announced the 2017 fiscal year Q3 performance revenue of $342 million

CREE announced the 2017 fiscal year Q3 (Jie Zhisan check the end of the month) revenue of $342 million, compared with the same period last year fell 7%.

Cree quarter net loss of $99 million per share, or equivalent to a loss of $1.02, than the same period last year net profit of $152 thousand, or $0.01 earnings per share (EPS). If you exclude the very state of the project, from $17 million last year net profit shrank to $749 thousand, EPS fell from $0.17 to $0.01, far lower than analysts' estimates of $0.07.

In this season, Cree estimated revenues will be between 3.4-3.6 billion dollars, roughly in line with analysts' estimates of $349 million. In addition, Cree EPS will be estimated between 0.02-0.07 dollars.

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