Cree, Inc. provides 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. It operates in three segments: Wolfspeed, LED Products, and Lighting Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for electric vehicles, including charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, this segment offers gallium nitride (GaN) die, high-electron mobility transistors (HEMTs), monolithic microwave integrated circuits (MMICs), and laterally diffused MOSFET (LDMOS) power transistors for telecommunications infrastructure, military, and other commercial applications; and custom die manufacturing services for GaN HEMTs and MMICs. The LED Products segment provides blue and green LED chip products for video screens, gaming displays, function indicator lights and automotive backlights, headlamps, and directional indicators. It also offers XLamp LED components and LED modules for lighting applications; and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications. The Lighting Products segment offers LED lighting systems and lamps for to distributors, retailers, and customers for offices, retail spaces, restaurants, hospitality, schools, universities, manufacturing, healthcare, airports, municipal, residential, street lighting, parking structures, and other applications. The company was founded in 1987 and is headquartered in Durham, North Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:CREE
CUSIP22544710
Phone919-407-5300
Debt
Debt-to-Equity Ratio0.14
Current Ratio3.58
Quick Ratio2.39
Price-To-Earnings
Trailing P/E Ratio-268.60
Forward P/E Ratio309.92
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.49 billion
Price / Sales2.75
Cash Flow$3.8890 per share
Price / Cash10.36
Book Value$20.62 per share
Price / Book1.95
Profitability
EPS (Most Recent Fiscal Year)($0.15)
Net Income$-279,960,000.00
Net Margins-18.74%
Return on Equity-0.74%
Return on Assets-0.60%
Miscellaneous
Employees6,796
Outstanding Shares101,790,000
Market Cap$4.10 billion
