SemiLEDs Drops 14%; Cree Rebounds

Revenue in the three months ended in May dropped 43% to $5.6 million, yielding a loss of 16 cents per share, excluding some costs.

Analysts had been modeling $6.3 million and a net loss of 6 cents. Read the details on SemiLEDs.

Cree rallys  up. $1.67 or 5%.  Read the details