Cree’s Fourth-Quarter Profit Rises 31%

Cree Inc., Durham, N.C., a maker of LED lighting products, reported a 31 percent increase in profits for its fiscal fourth quarter, beating Wall Street targets. For the fourth quarter, the company earned $8.4 million, compared with $6.4 million a year earlier.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish