2014-11-10

Rubicon Technology Reports Revenue Decline in 3Q14

Rubicon Technology, a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its third quarter ended September 30, 2014.
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2014-11-07

Osram’s 3Q14 Financial Results Show Positive Effects from LED Transformation

Osram has achieved its recently updated outlook for the fiscal year that ended in September 2014. Revenue rose one percent year over year on a comparable basis – meaning excluding portfolio and currency effects – and was more than €5.1 billion. The revenue share of LED-based products and solutions increased to 36 percent from 29 percent in fiscal 2013. In the fourth quarter, it reached already 39 percent. EBITA [1] excluding special items increased almost ten percent to EUR 449 million (US $) in fiscal 2014, translating into an EBITA margin of 8.7 percent, in particular due to positive effects from the OSRAM Push transformation program. 
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2014-10-30

Veeco Reports LED Demands Drove Up 3Q14 Revenue

Veeco Instruments Inc. (Nasdaq:VECO) announced its financial results for the third quarter ended September 30, 2014. Veeco reports its results on a U.S. generally accepted accounting principles (“GAAP”) basis, and also provides results excluding certain items. Refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
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2014-10-06

Cree Announces Preliminary Financial Results for 1Q15

Cree a market leader in LED lighting, announced preliminary estimates of financial results for its first fiscal quarter ended September 28, 2014. Revenue for the quarter is expected to be approximately US $428 million, with earnings expected below the company’s previously announced target range of $0.25 to $0.30 per diluted share on a GAAP basis. These preliminary financial results are subject to completion of the company’s customary quarterly closing and review procedures.
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2014-08-13

Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2014

Cree, a market leader in LED lighting, today announced revenue of US $436 million for its fourth quarter of fiscal 2014, ended June 29, 2014. This represents a 16 percent increase compared to revenue of US $375 million reported for the fourth quarter of fiscal 2013, and an 8 percent increase compared to the third quarter of fiscal 2014. GAAP net income for the fourth quarter was US $30 million, or US $0.24 per diluted share, an increase of 6 percent year-over-year compared to GAAP net income of US $28 million, or US $0.23 per diluted share, for the fourth quarter of fiscal 2013.
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2014-05-13

Revolution Lighting Technologies Reports 1Q14 Financial Results

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”), a leading provider of advanced LED lighting solutions, today announced financial results for the first quarter of 2014, ended March 31, 2014.
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2014-04-23

Cree Well Positioned for Growth in Fourth Quarter, says CEO

Cree, Inc. announced revenue of US $405.3 million for 3Q14, ended March 30, 2014. This represents a 16 percent increase compared to revenue of US $348.9 million reported for 3Q13. “Fiscal Q3 was a solid quarter as revenue and operating income were in line with our target range and the business is well positioned to grow in fiscal Q4,” stated Chuck Swoboda, Cree Chairman and CEO.
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2014-02-26

Lighting Science Group Enters into New $53 Million Credit Facility

Lighting Science®, a provider of biologically-corrected lighting solutions, announced that it has entered into a new $53 million credit facility agented by Medley Capital Corporation. Proceeds from the transaction will be used to refinance existing credit facilities and to provide funding for operations, which will allow the company to continue pursuing its growth objectives.
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2014-02-21

Sapphire Manufacturers that Enter Smartphone Applications Early to Gain Competitive Edge

In the sapphire substrate industry, GT Advanced Technologies (GTAT) has reaped benefits from its multi-year partnership with Apple, but other sapphire substrate manufacturers have seen revenues drop. Veeco’s latest financial reports showed losses in 4Q13, reflecting a dire need to change business strategies, while Rubicon’s yearnings were below financial analyst estimations. With smartphone applications on the rise, manufacturers that enter the smartphone market early will be the biggest benefactors. 
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2014-01-29

Philips 4Q13 Financial Results Show Soaring LED Sales

“The fourth quarter of 2013 was another good quarter for Philips, despite the challenging economic environment and ongoing currency headwinds. In the quarter, Lighting and Consumer Lifestyle both delivered strong comparable sales growth of 8%. At Healthcare, comparable sales increased by 4%, while order intake declined 1% as a result of weak markets in US and Europe. The operational profitability of all sectors improved substantially, driven by good sales growth, gross margin expansion of 2 percentage points and the productivity gains, all coming from the Accelerate! program.
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2013-08-16

Carmanah Suffers Significant Net Loss in Q2 of 2013

Carmanah Technologies Corporation reported its second quarter financial results for the period ended June 30, 2013 on August 13.   In accordance with the second quarter of 2013, the Company recorded a net loss of $2.5 million on revenues of $6.3 million. The significant net loss is primarily due to a $1.0 million one-time non-cash impairment of certain assets. Revenues for the second quarter of 2013 were $6.3 million, up $0.2 million from $6.1 million in the second quarter of 2012. Gross margin percentages for second quarter of 2013 were 24.4%, down from 29.1% for second qu...
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With up to 2000lm per LED, LUXEON 7070 delivers the power, efficacy and solution cost reductions luminaire manufacturers need   San Jose, CA – August 31, 2021 – More lumens, higher efficacy, and lower system costs are the... READ MORE

 - Osconiq E 2835 CRI 90 (QD) expands ams OSRAM's portfolio of lighting solutions that provide very high quality in a new mid-power LED. - In-house Quantum Dot technology ensures outstanding efficiency values of over 200 lm/W, even at... READ MORE