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Cree Inc (CREE)

Cree Inc (CREE)
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Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide and gallium nitride for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products. Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixtures makers to defense-related federal agencies.
(Values in U.S. Thousands) Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020 Jun, 2020
Sales 44,700 137,300 127,000 216,600 205,700
Sales Growth -67.44% +8.11% -41.37% +5.30% -4.55%
Net Income -147,600 -108,900 -83,000 -184,400 -39,500
Net Income Growth -35.54% -31.20% +54.99% -366.84% +35.88%
(Values in U.S. Thousands) Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020 Jun, 2020
Total Assets 3,446,800 3,507,700 3,124,900 3,123,300 3,231,000
Total Assets Growth -1.74% +12.25% +0.05% -3.33% +18.01%
Total Liabilities 1,330,300 1,260,700 1,253,300 1,208,200 1,141,800
Total Liabilities Growth +5.52% +0.59% +3.73% +5.82% +44.00%
(Values in U.S. Thousands) Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020 Jun, 2020
Operating Cash Flow -125,500 -75,500 -25,900 400 -29,000
Operating Cash Flow Growth -66.23% -191.51% -6,574.98% +101.38% +26.58%
Net Cash Flow -69,800 82,800 -60,700 -12,400 -51,700
Change in Net Cash Flow -184.30% +236.41% -389.52% +76.02% +70.87%
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