Posted Apr. 17, 2012 at 5:34 p.m.

Premium Lock Cree's 3Q profit falls 50%, weak outlook for next quarter

Published: 2012-04-17 17:34:10
Updated: 2012-04-17 17:34:10

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Cree Earnings 2012

The Durham-based LED company reported Tuesday that fiscal third-quarter profit fell 50 percent on higher overhead costs and weaker-than-expected sales.

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