Why Shares of Cree Lighting Are Plummeting Today

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Why Shares of Cree Lighting Are Plummeting Today

Motley Fool2021-08-18

What happened A leader in power and radio frequency semiconductors as well as LED lighting, Cree reported fourth-quarter 2021 earnings yesterday after the closing bell, and investors are not happy ...

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SSVC
·2021-08-19
Ya Appreciate your response and comments Thanks
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1
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JS64
·2021-08-19
Why
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kaiichean
·2021-08-19
Good
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1
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ping23
·2021-08-19
pls like
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6
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- YYKTAN:
  ok
  2021-08-19
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- Kukudosmin:
  Ok, pls like too
  2021-08-19
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PBL77
·2021-08-19
Like n comments pls
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5
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- DylanT:
  done
  2021-08-19
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- Syww:
  [Strong][Strong]
  2021-08-19
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Nibatry
·2021-08-19
Wow ? ?
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- KopiSiewDai:
  wow
  2021-08-19
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Andtendo
·2021-08-19
Like please
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Andrew210782
·2021-08-19
Like
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- Andrew210782:
  Liked
  2021-08-21
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- Andtendo:
  Ok
  2021-08-19
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YMF808
·2021-08-19
Normal
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chongcs
·2021-08-19
Ok
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- Derekng:
  K
  2021-08-19
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- KL123:
  PlS like
  2021-08-19
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Whereas Cree used $29 million in cash from operations during Q4 2020, in the recently completed quarter, Cree's operating cash flow totaled $126 million. Take into account the $168 million in capital expenditures -- largely related to the development of the Mohawk Valley facility -- and Cree's free cash flow was negative $222 million in the last quarter.\nAnother sore spot for investors was the company's outlook for Q1 2022. Management forecasts revenue between $144 million and $154 million, representing a falloff from the $217 million that the company reported in Q1 2021.\nHow unimpressed was Wall Street with the company's Q4 2021 report? 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pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/831656466","repostId":2160737915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5571663,"gmtCreate":1629327191343,"gmtModify":1663232577350,"authorId":3582541483650512,"author":{"id":3582541483650512,"idStr":"3582541483650512","authorId":3582541483650512,"name":"DylanT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":831656466,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5571796,"gmtCreate":1629327869023,"gmtModify":1631891338797,"authorId":4087953623473280,"author":{"id":4087953623473280,"idStr":"4087953623473280","authorId":4087953623473280,"name":"Syww","avatar":"https://static.tigerbbs.com/eb83576edbcfb98efcb33d606f168221","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":831656466,"type":1,"supId":0,"prevId":0,"content":"[Strong][Strong]","text":"[Strong][Strong]","html":"[Strong][Strong]"}],"langContent":"EN"},{"id":831624010,"gmtCreate":1629325031730,"gmtModify":1676530000624,"author":{"id":"3571957575491723","authorId":"3571957575491723","name":"Nibatry","avatar":"https://static.tigerbbs.com/e5d7ae5d90c54730a52a5f03263a015c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571957575491723","authorIdStr":"3571957575491723"},"htmlText":"Wow 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