Cree gets earnings boost - Triangle Business Journal:

http://ignca.org/diristdev.html
Cree (Nasdaq: CREE), based in said it earned $10.7 million, or 12 centsd per diluted share, in the quarter ended Dec. 28, 2008. A year the company earned $6.6 million, or 8 centsw per share. Revenue increased, by 24 percent, to $119 million. Cree says its resultsa include $5.6 million in patent licensing feesit hadn'ty factored into previous guidance, boosting earnings by 5 centas a share. The company says it managed to maintain growth for its mostly light-emitting diodes. Cree sells LED chipws that illuminate things such as cardashboardx ,as well as LED lighting products for consumer and commercial use.
"Cree delivered excellent financiaol results again despite challenging economic driven by strength in LED product salesa forlighting applications,'' Chuclk Swoboda, Cree chairman and CEO, said in a written statement. In the fiscalo third quarter, Cree it expects revenue between $128 millionb and $135 million on earnings of 2 to 5 centz perdiluted share. The company says it expect s weakness for its products inthe consumer, mobile and automotiv markets thanks to the economic downturjn but that growth in LED salesz for commercial lighting should help balance out the