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    1. Mag

    Cree sets revenue record

    Oct. 22, 2010
    Cree, Inc., Durham, N.C., announced record revenue of $268.4 million for its first quarter of fiscal 2011 ended Sept. 26

    Cree, Inc., Durham, N.C., announced record revenue of $268.4 million for its first quarter of fiscal 2011 ended Sept. 26. This represents a 59% increase compared to revenue of $169.1 million reported for the first fiscal quarter last year and a 1.5% increase compared to the fourth quarter of fiscal 2010.