LED chip maker Cree Inc. announced the Q4 2010 financial year 2010 Q2 financial report.
Cree's Q2 revenue in 2010 reached US$264.6 million, a 13% increase in the quarter and an annual increase of 79%, setting a historical record. The diluted earnings per share of the industry jumped from $0.18 in the same period last year to $0.55.
Cree estimates that Q3 revenue will hit another record high, rising to 2.70~280 million US dollars, and the industry's earnings per share is expected to reach 0.56~0.59 US dollars.
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