Cree's Annual Revenue and Annual Net Income for Fiscal Year 2010

Aug 12, 2010 Cree announced its annual revenue and annual net income. Its record revenue has achieved to $264.6 million for its fourth quarter of fiscal 2010, ended June 27, 2010. Compared to revenue of $148.1 million reported for the fourth fiscal quarter last year, it increase by 79% and compared to the third quarter of fiscal 2010, it increase by 13%.

 GAAP net income for the fourth quarter increased 445% year-over-year to $52.8 million, or $0.48 per diluted share. Compared to non-GAAP net income for the fourth quarter of fiscal 2009 of $16.3 million or $0.18 per diluted share, net income for the fourth quarter of fiscal 2010 increased 268% year-over-year to $60.1 million, or $0.55 per diluted share. For fiscal year 2010, Cree reported revenue of $867.3 million, which means a 53% increase compared to revenue of $567.3 million for fiscal 2009.

 Compared to $30.3 million, or $0.34 per diluted share for fiscal 2009.GAAP net income increased 402% to $152.3 million, or $1.45 per diluted share.Compared to $59.2 million, or $0.66 per diluted share, for fiscal 2009, net income for fiscal year 2010 increased 203% to $179.2 million, or $1.71 per diluted share on a non-GAAP basis. Cree generated $250.6 million of operating cash flow and $81.9 million of free cash flow during fiscal 2010.

Author:  BIO T&T

Back to the list

Reviews forum #FORUM# is not exist

Submit Product Review

Download Review Form

LED Jobs Banner LED Directory Banner

Recent News

12/06/2011 Pleasanton Library Cuts Energy Use By 46% With Adura Technologies Wireless Lighting Controls

12/06/2011 Forepi Selects AIXTRON´s New 19x4-inch CRIUS II-XL

12/06/2011 Future Lighting Solutions Wins 2011 Best LED Service Provider Award

12/06/2011 Leica Microsystems Presented Its Latest Range of Innovative LED Illumination Modules for Microscopy

12/06/2011 Xicato Introduced 3000lm and 4000lm XLM LED Modules

12/06/2011 A.C. Lighting Inc Appointed LedGo North American Distributor

12/05/2011 Electronics Weekly Publishes Interview with Adrian Rawlinson, Marl International

12/05/2011 New ENCELIUM White Paper Examines How Addressable Dimming Controls Help Buildings Earn LEED Points

12/05/2011 i-Pix Satellite Mk II LED Fixtures Launched in September 2011 Gain Immediate Popularity

12/05/2011 Lumenpulse Unveiled Corporate Headquarters with "Evolution of Light" Event in Montreal, Canada

12/05/2011 Anolis Deliveres LED Architectural Lighting Solutions in South Africa

12/02/2011 Lighting Science Group's New 60-Watt Equivalent LED World Bulb Receives Consumer Electronics Show Best of Innovations Award

12/02/2011 Jim H. McClung Lighting Research Foundation Announced Funding of Research Projects

12/02/2011 Introduced New Explosion Proof Handheld LED

12/02/2011 SDG&E LED Holiday Light Exchange Brings Energy Savings to Balboa Park, Chula Vista and Escondido

12/01/2011 ZENARO Presents New Louver Luminaires with T5 LED Tubes

12/01/2011 Arima Changzhi Ramps Up HB LED Capacity with AIXTRON G4 MOCVD Systems

12/01/2011 CSA's State-of-the-Art LED Lighting Laboratory Opened in Atlanta

11/30/2011 Chroma-Q™ Launched Three New LED Luminaires

11/30/2011 Cree Introduced the New LMH2 LED Module Family