CREE's second-quarter revenue rose 35% quarterly revenue $199.5 million

Gaogong LED January 21 news, LED upstream manufacturer Cree announced the second quarter of fiscal year 2010 (10-December 2009) financial report, quarterly revenue of 199.5 million US dollars, an annual growth rate of 35%, the quarterly growth rate has 18%, both set a new record.

Looking forward to this quarter (January-March 2010), Cree estimates that revenue will reach a record high, and is expected to rise to 2.15~225 million US dollars, optimistic about indoor and outdoor LED lighting market opportunities.


   CREE's revenue for the first quarter of 2010 reached $169.1 million, with an annual growth rate of 20.5%. The result was better than the market expectation of $164.5 million.

CREE revenue changes Source: STPI Time: September 2009

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