Cree, Inc. announced earnings results for the second quarter ended December 29, 2019. For the second quarter, the company announced sales was USD 239.9 million compared to USD 280.5 million a year ago. Operating loss was USD 56.4 million compared to operating Income of USD 10 million a year ago. Net loss was USD 52.8 million compared to USD 2.5 million a year ago. Basic loss per share from continuing operations was USD 0.49 compared to Basic EPS - Continuing Operations of USD 0 a year ago. Basic loss per share was USD 0.49 compared to USD 0.02 a year ago. For the half year, sales was USD 482.7 million compared to USD 554.7 million a year ago. Operating loss was USD 95.3 million compared to operating Income of USD 20.8 million a year ago. Net loss was USD 90.6 million compared to USD 13.6 million a year ago. Basic loss per share from continuing operations was USD 0.84 compared to USD 0.01 a year ago. Basic loss per share was USD 0.84 compared to USD 0.13 a year ago.