2014-05-13

Seasonal Factors Impact Lextar 1Q14 Revenue Performance

LED manufacturer Lextar released their fiscal first quarter 2014 financial report on May 12, 2014. The company reported revenue dropped 3 percent QoQ to NT $3.22 billion (US $106.7 million) but up 11.6 percent from 1Q13. Gross margin improved 2.3 percent QoQ to 12.5 percent. Net profit for 1Q14 reached NT $21 million with EPS of NT $0.05. 
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For most of history, humans used flames to generate light. Eventually, they discovered that a super-heated metal element in a light bulb could produce useful illumination, only for this technology to be superseded by the LED. One common featur... READ MORE

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