Want to join the conversation?
$CREE's LED Products revenue was $137MM, and gross profit was $42MM or a 30.4% for 1Q17, all of which were at the upper end of the company's targeted range. Unallocated costs totaled $2MM for 1Q17 and are included to reconcile to the company's $89M non-GAAP gross profit, for a 27.7% gross margin.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.