<ARTICLE> 5 <CIK> 0000895419 <NAME> CREE RESEARCH, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 12-MOS <FISCAL-YEAR-END> JUN-30-1995 JUN-30-1995 <PERIOD-START> APR-01-1995 JUL-01-1994 <PERIOD-END> JUN-30-1995 JUN-30-1995 <CASH> 3,748 3,748 <SECURITIES> 2,089 2,089 <RECEIVABLES> 3,622 3,622 <ALLOWANCES> 22 22 <INVENTORY> 1,677 1,677 <CURRENT-ASSETS> 11,391 11,391 <PP&E> 12,047 12,047 <DEPRECIATION> 5,591 5,591 <TOTAL-ASSETS> 20,924 20,924 <CURRENT-LIABILITIES> 1,421 1,421 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 24,439 24,439 <OTHER-SE> (4,936) (4,936) <TOTAL-LIABILITY-AND-EQUITY> 20,924 20,924 <SALES> 1,250 9,000 <TOTAL-REVENUES> 1,250 9,000 <CGS> (148) 6,017 <TOTAL-COSTS> 1,141 9,478 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> (361) (461) <INCOME-PRETAX> 208 (17) <INCOME-TAX> 0 0 <INCOME-CONTINUING> 208 (17) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 208 (17) <EPS-PRIMARY> 0.02<F1> 0.00<F1> <EPS-DILUTED> 0.02 0.00 <FN> EPS-BASIC </FN>