Cree (CREE): FQ4 EPS of $0.28 beats by $0.01. Revenue of $243M (-8% Y/Y) beats by $9.2M. Gross...

|By:, SA News Editor
Cree (CREE): FQ4 EPS of $0.28 beats by $0.01. Revenue of $243M (-8% Y/Y) beats by $9.2M. Gross margin of 38.8% down from 42.4% in FQ3. Company expects FQ1 2012 revenue of $245M-$255M and EPS of $0.25-$0.28, below a consensus of $253.4M and $0.31. Shares -3.4% AH. (PR)