25
Jun

Cree in the 1st quarter

For Cree Inc., one of the leading lighting manufacturers in the US, things did not fare so well in the first quarter of 2017. Cree generated sales of $ 321.33 million (€ 286.12 million) in the first quarter of 2017 .........

; in the same period last year it was still 381.55 million USD (339.75 million EUR) and thus 15.8% less. Net income was $ 15.21 million (€ 13.54 million), previously $ 21.34 million (€ 19.00 million); here the minus was 28.7%. In 2016, it had sales of $ 1.62 billion (€ 1.44 billion)