2017-01-25

Cree Reports Financial Results for the Second Quarter of Fiscal Year 2017

Cree, Inc., a market leader in LED lighting, today announced consolidated revenue of $347 million from continuing operations, and $54 million from discontinued operations, for a combined revenue of $401 million for its second quarter of fiscal 2017. This represents an 8% decrease compared to combined revenue of $436 million ($394 million from continuing operations and $42 million from discontinued operations) for the second quarter of fiscal 2016 and an 8% increase compared to the first quarter of fiscal 2017. Combined GAAP net income for the second quarter of fiscal 2017 was $6 million, or $0.06 per diluted share, compared to combined GAAP net income of $13 million, or $0.13 per diluted share, for the second quarter of fiscal 2016. On a non-GAAP basis, combined net income for the second quarter of fiscal 2017 was $30 million, or $0.30 per diluted share, compared to combined non-GAAP net income for the second quarter of fiscal 2016 of $28 million, or $0.28 per diluted share.
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2016-05-12

Lextar Reports Revenue Decline in 1Q16

Lextar consolidated revenue during first quarter of 2016 slid 3.2% YoY to NT$ 3.39 billion (US $ 104.19 million), due to price pressures on the market.
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2015-03-05

BYD Lighting LED Revenue Soars in 2014

BYD Group’s lighting business saw considerable growth last year, despite the group’s reported revenue decline, according to a cnledw report.
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2014-06-30

Zumtobel Reports Soaring LED Revenue Growth for 2013

For the Zumtobel Group the 2013/14 financial year was marked by the fundamental redirection of the international lighting group. In a phase of dynamic change, particularly with regard to the technology shift to LEDs, the Group’s new CEO Ulrich Schumacher, who took office on 1 October 2013, has chosen to focus on a consistent multi-brand strategy, intensive collaboration within the Group and flat, efficient organisational structures. The new structures that were implemented on 1 December 2013 support the stronger entrepreneurial management of the Zumtobel Group, the optimal utilisation of production and sales synergies and the strengthening of the Group’s innovative power.
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2014-05-13

Orion Energy Systems Anticipates LED Lighting to Drive Fiscal 2015 Sales

Orion Energy Systems, Inc. announced financial results for its fiscal 2014 fourth quarter and year ended March 31, 2014. Total revenue for fiscal 2014 was US $88.6 million, compared to US $86.1 million in fiscal 2013. Total revenue for the fiscal 2014 fourth quarter declined to US $12.6 million, from US $22.3 million in the prior-year period, largely as a result of delayed lighting sales coupled with a decline in the number of solar projects under construction as Orion deemphasizes its non-core solar business.
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2014-05-09

Universal Display Corporation Saw Strong Revenue in First Quarter for OLED

Universal Display Corporation reported financial results for the first quarter ended March 31, 2014. For the first quarter of 2014, the Company reported net income of US $4.0 million, or US $0.09 per diluted share, on revenues of US $37.8 million. For the first quarter of 2013, the Company reported a net loss of US $4.8 million, or US $(0.10) per diluted share, on revenues of US $15.0 million.
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2014-05-05

Rubicon Technology, Inc. Reports First Quarter 2014 Results of Operations

Rubicon Technology, Inc., a provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its first quarter ended March 31, 2014.
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2014-05-02

AIXTRON Optimistic as LED Market Growth Drives Consumer Profitability

AIXTRON SE announced revenues of EUR 43.9m for the first quarter of 2014, representing a year-on-year improvement of 9%. Capacity utilization rates at leading LED manufacturers remain at relatively high levels and demand for LEDs continues to be on the rise. Despite this, there was still no noticeable increase in investments in LED manufacturing capacity expansions in Q1/2014. 
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2014-04-23

Philips Faces Challenging Year in 2014 despite Growth in Lighting Business

The year started off challenging for Philips, with currency impact from China and Russia and voluntary suspension of their healthcare production facility in Cleveland which resulted in flat comparable sales growth and decline in EBITA. Hoever, Lighting continued to deliver a YoY operational margin improvement. 
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2014-04-09

Epistar Revenue Hits Record High in March

Epistar raked in profits in 1Q14, benefitting from strong LED backlight and lighting order demands. The Taiwanese epitaxy manufacturer performed better than first quarter last year, with growth of 44.33 percent YoY. 
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2014-03-28

Genesis Photonics Inc Shakes the Losing Trend

Taiwanese LED chip manufacturer Genesis Photonics Inc. (GPI) has released their fiscal 2013 financial report. Revenue in 4Q13 benefited from introduction of flip-chips into street lights, lifting the company out of eight consecutive quarters of losses. In addition, improvements to product portfolio have drove up profit margin. 
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2014-02-26

Epileds Investment in Flip-Chip R&D Affects 2013 Profits

LED chip manufacturer Epileds reports fiscal year 2013 results. The company’s consolidated revenue reached NT $1.32 billion (US $43.6 million), slight dip of 2.15 percent from 2012. In 2013, Epileds invested large amounts of R&D resources into new flip-chip developments, which has bolstered high operations fees leading net income to drop YoY 27.82 percent to NT $60.47 million with EPS of NT $0.6.
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2014-02-26

Foxconn Subsidiary AOT vies for Top Spot in LED Industry

LED package manufacturer Advanced Optoelectronic Technology (AOT), subsidiary of Foxconn Group, has released their financial report for fiscal 2013, the company’s  Earnings Per Share (EPS) NT $5.29 (US $0.79) last year, according to Commercial Times. This is not only the highest in the company’s history, but also has earned them the top spot in the LED industry.
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2014-02-26

Refond and Jufei Profit in 2013 as LED Market Flourishes

Refond Optoelectronics and Jufei Optoelectronics report 2013 fiscal year financial performance. 
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2014-02-26

AIXTRON Announces Further Stabilization of Results

AIXTRON SE today reported revenues of EUR 182.9m (2012: EUR 227.8m) and an EBIT of -95.7m (2012: EUR -132.3m) for the full fiscal year 2013. In the fourth quarter of 2013, revenues were up sequentially to EUR 51.5m (Q3/2013: EUR 46.2m).
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2014-02-21

Veeco Revenue Drops Sharply in 2013

GAAP Results ($M except per share data)             Q4 ‘13         Q4 ‘13         Revenues     $106.8    ...
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2014-01-28

Fairchild Semiconductor Reports Results for the Fourth Quarter and Full Year 2013

Fairchild Semiconductor a global supplier of power semiconductors, today announced results for the fourth quarter and full year 2013 ended December 29, 2013.  Fairchild reported fourth quarter sales of $341.1 million, down 6 percent from the prior quarter and up 2 percent from the fourth quarter of 2012.
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2014-01-15

Kingsun Revises 2013 Financial Performance Report

Kingsun released their 2013 revised earnings forecast on January 14th. In the company’s earlier 3Q13 report, they originally estimated net profit for market listed company shareholders in 2013 to reach RMB 105-136 million (US $17.4-22.5 million).
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2014-01-07

Epiled 2013 Revenue Dipped 2%

Taiwanese LED chip manufacturer Epileds released their December consolidated revenue. Affected by stocktaking towards the end of 2013, revenue for December reached NT $110 million (US $3.7 million), a decrease of 6.87 percent compared to November but a yearly growth of 16.38 percent. The company revenue for 4Q13 was NT $345 million, an increase of 6.76 percent from 3Q. Total revenue for 2013 reached NT $1.32 billion, with a yearly decrease of 2.15 percent due to impact from price drops.
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2014-01-07

Epistar Backlight Orders Benefit from High Utilization Rates in January

Taiwanese LED chip manufacturer Epistar benefited from an increase in backlight orders with a limited affect on their slack season. Order visibility for February orders after Lunar New Year is still not completely clear. However, the situation in January 2014 had an obvious turn for the better with utilization rates maintaining a standard of 80-90 percent.
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2013-12-06

Hot Picks of the Week Dec.02-06

With 4Q coming to a close, this week has seen a substantial number of companies releasing their financial reports. Financial firms, such as UBS, have also released market forecasts for 2014.
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2013-11-06

Epistar Faces Deficit in 3Q

Taiwanese LED chip manufacturer Epistar has released their 3Q13 financial results, feeling the effects of  LED for TV backlight applications inventory adjustments.
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2013-10-29

Elec-Tech 3Q Financial Report Shows Drop in Stock Price

Chinese LED manufacturer Elec-Tech released their 3Q financial report on October 29th, 2013.
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2010-08-11

Cree reported annual revenue and annual net income for fiscal year 2010

Cree announced its annual revenue and annual net income. Its record revenue has achieved to $264.6 million for its fourth quarter of fiscal 2010, ended June 27, 2010. Compared to revenue of $148.1 million reported for the fourth fiscal quarter last year, it increase by 79% and compared to the third quarter of fiscal 2010, it increase by 13%. GAAP net income for the fourth quarter increased 445% year-over-year to $52.8 million, or $0.48 per diluted share.
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Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.

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LG Innotek today announced that the company has developed the world's first 100mW (mill watts) UV-C LED. This development is 2 years ahead of the industry forecast that predicted its development would be successful by 2020.

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