Cree Posts 43 Percent Increase in Annual Net Income

Durham, North Carolina-based Cree, Inc., posted revenues of $436 million for
the fourth quarter of fiscal 2014 which ended June 29, 2014. . This is 16
percent higher than the $375 million reported for the fourth quarter of fiscal
2013, and an 8% increase compared to the third quarter of fiscal 2014. The
company’s …

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