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More on Rubicon Technology's Q4: The LED wafer maker partly blames its weak results on...
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Thursday, February 23, 2012, 6:46 PM ETMore on Rubicon Technology's Q4: The LED wafer maker partly blames its weak results on concessions given to a top customer in exchange for a 2H12 contract. Like other LED industry players, Rubicon says excess supply-chain inventory is hurting demand. It expects Q1 revenue of $8M-$12M and EPS of -$0.10 to -$0.14, well below a consensus of $22.9M and $0.11. RBCN -14.4% AH. CREE -1.7%. LEDS -1%. (PR)
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