Posted Aug. 13, 2014 at 7:15 a.m.

Premium Lock Inside Cree: CFO hints new market push in earnings call

Published: 2014-08-13 07:15:43
Updated: 2014-08-13 07:15:43

The new Bay Bridge span illuminated by Cree LEDs The new Bay Bridge span illuminated by Cree LEDs. (Photo courtesy Musco Lighting)

Cree reported record income for its last fiscal year on Tuesday and forecast future revenue that didn't quite match analysts' expectations. The news sent Cree shares down in after-hours trading. But in a conference call with analysts, Chief Financial Officer Mike McDevitt dropped a hint that Cree is eyeing another market for growth. So what's Cree thinking?...

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