Cree reports q2 non-gaap loss per share $0.10 from continuing operations

Cree reports financial results for the second quarter of fiscal year 2020.q2 revenue $239.9 million versus refinitiv ibes estimate of $236.4 million.sees q3 2020 non-gaap loss per share $0.09 to $0.15.sees q3 2020 gaap loss per share $0.57 to $0.63.sees q3 2020 revenue $221 million to $229 million.q2 non-gaap loss per share $0.10 from continuing operations.q2 gaap loss per share $0.49 from continuing operations.q2 earnings per share estimate $-0.10 -- refinitiv ibes data.q3 earnings per share view $-0.08, revenue view $237.9 million -- refinitiv ibes data.while we continue to navigate a challenging operating environment in short-term, we continue to invest for future.continue to see growing momentum for silicon carbide.q3 targets reflect jan. 27, 2020 decision by chinese government to extend lunar new year holiday due to coronavirus outbreak.
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