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Wooden Door Cases of SUMBAO Cree announced 2016 fiscal year fourth quarter earnings increase by 6% SUMBAO

by:SUMBAO     2017-10-03
CREEInc. (NASDAQ: CREE) announced on August 16, 2016, as of June 16, 2016, the SUMBAO Lighting in the fourth quarter of fiscal year 2016 revenue of 388 million US dollars, and the fourth quarter of fiscal year 2015, 382 million US dollars Compared with an increase of 2% compared with the third quarter of fiscal year 2016, an increase of 6%. The GAAP net loss for the fourth quarter of fiscal year was $ 11 million, compared with a net loss of US $ 88 million for the fourth quarter of fiscal year 2005. Non-GAAP net income for the fourth quarter of fiscal 2010 was $ 19 million, compared with non-GAAP (non-GAAP) net income for the fourth quarter of fiscal year 2015 A loss of $ 21 million. Looking ahead 2016, Cree expects revenue to be $ 1.62 billion, down 1% from $ 1.63 billion in fiscal 2015. The GAAP net loss for the fiscal year 2016 was $ 22 million, compared with a net loss of US $ 65 million for FY2005 US GAAP (GAAP). Net income for the fiscal year 2016 was $ 88 million, compared with non-GAAP non-GAAP net income of $ 71 million in FY205 compared to non-GAAP (non-GAAP) net income of $ 71 million. 2016 fiscal year fourth quarter financial indicators by the United States General Accounting Standards (GAAP), the second quarter of 2016 fiscal year gross profit of 29.1%, the chain has declined. According to non-GAAP, gross profit for the fourth quarter of fiscal 2010 was 30.8%, while the total cash and investment was US $ 605 million, down by US $ 15 million from the third quarter of fiscal year 2016; • Accounts receivable net $ 166 million, down $ 13 million from the third quarter of fiscal 2010 and 38 days for accounts receivable • $ 300 million in inventory, up from the third quarter of 2016 Million dollars, equivalent to 98 days of inventory; free cash flow of $ 41 million. The


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