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

To bring advertising to life along major roadways in Dubai, United Arab Emirates, Daktronics has partnered with Al Arabia Out Of Home, LLC, to manufacture and deliver 10 LED displays on skybridges above roadways. The project was completed late... READ MORE

The future is right in front of our eyes: lighter, sleeker, and smarter than ever before. Smart glasses is no longer a distant vision; it is on the verge of becoming as natural to us as the smartphone is today. But turning this vision into rea... READ MORE