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

Today, the deep integration of “AI+LED” has become a key strategic focus for enterprises racing to establish their positions: from image quality enhancement to energy efficiency management, from intelligent interaction to content g... READ MORE

  Samsung Electronics America and Care New England today announced the newly expanded Labor and Delivery Center at Women & Infants Hospital in Providence, R. I., with a comprehensive display ecosystem that enhances patient experiences... READ MORE