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Cree introduces new LED technology to regain marketshare

2014-10-23 18:51:16| Semiconductors - Topix.net

The drop started when the company announced a revenue of $427.7 million for its first quarter. While it's a 9 percent increase compared to the first quarter of last year, it trailed Wall Street expectations of $433 million.Cannacord Genuity lowered its price rating to "hold" from "buy."

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