third quarter revenue-LEDinside

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2009-04-22

Cree Posts Better-than-expected Third Quarter Revenue Due to Growth in LED Lighting

For the third quarter ended March 29, LED products maker Cree reported earnings of $4.0 million, compared with $5.7 million in the year-ago period, which is above market estimates. And the company has forecasted stronger-than-expected revenue for the fourth quarter.

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