News Article
Cree Reports Record Quarterly Revenue for the First Quarter of Fiscal Year 2010
DURHAM, N.C., OCTOBER 20, 2009 - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced record revenue of $169.1 million for its first quarter of fiscal 2010, ended September 27, 2009. This represents a 20% increase compared to revenue of $140.4 million reported for the first fiscal quarter last year and a 14% increase compared to the fourth quarter of fiscal 2009.
