2013-08-14

Cree Releases Financial Results for Q4 and Fiscal Year 2013

On Aug. 13, Cree, Inc., a market leader in LED lighting, announced revenue of $375.0 million for its fourth quarter of fiscal 2013, ended June 30, 2013. This represents a 22% increase compared to revenue of $306.8 million reported for the fourth quarter of fiscal 2012, and a 7% increase compared to the third quarter of fiscal 2013. GAAP net income for the fourth quarter was $28.2 million, or $0.23 per diluted share, an increase of 182% year-over-year compared to GAAP net income of $10.0 million, or $0.09 per diluted share, for the fourth quarter of fiscal 2012. On a non-GAAP ba...
Continue reading
At IAA Transportation 2026, international automotive supplier FORVIA HELLA is presenting an adaptive interior lighting concept that combines comfort, visual communication and safety-related functions in a seamlessly integrated surface. Intelli... READ MORE

Signify, the world leader in lighting, announces a wide range of Philips Hue innovations designed to make connected lighting more intelligent, immersive and beautifully integrated into the home. Shaped by customer feedback, the latest software... READ MORE