Cree (CREE, Nasdaq: CREE), the LED lighting market leader in Durham, North Carolina, announced the results of the financial report for the second quarter of fiscal 2013 on January 22, local time.
The report shows that as of December 30, 2012, the company ’s second-quarter fiscal year 2013 revenue was $ 346.3 million, an increase of 14% compared with the third-quarter fiscal year 2012 of $ 304.1 million; compared with the first quarter of fiscal year 2013 This is an increase of 10%. GAAP net income for the second quarter of fiscal 2013 was $ 20.4 million (or diluted earnings per share of $ 0.18), and GAAP net income for the second quarter of fiscal 2012 was $ 12.1 million (or diluted earnings per share of 0.10 (US $), an increase of 69%. On a non-GAAP basis, net income for the second quarter of fiscal 2013 was $ 36.9 million (or diluted earnings per share of $ 0.32), and non-GAAP net income for the second quarter of fiscal 2012 was $ 28.7 million (or Compared with diluted earnings per share of $ 0.25), it increased by 29%.
Cree ’s financial report results for the second quarter of fiscal 2013 (data derived from Cree ’s financial reports)
Chuck Swoboda, Cree ’s chairman and chief executive officer, said: “Cree ’s finances had another strong performance in the second quarter. The record revenue and earnings per share exceeded our The upper limit of the target range, which is due to the growth of gross profit brought by the combination of LED and lighting business. The company's current total number of pending orders matches the seasonal trend demand of the fiscal third quarter. In the long run, we range from materials to The entire technical level of the system has a wide and sufficient knowledge, and we will continue to work to promote popularization through innovation. We foresee that the market will have more opportunities and faster growth in the future, and will exceed the speed of development in the past. "
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