Some LED stocks have had a rough go of late (such as CREE and the China LED stocks), but a few continue to defy gravity such as Veeco Instruments (VECO which posted another strong quarter last night. The company posted an EPS number of $1.33 which beat the analyst estimate of $1.21 on revenues of $254.7 million which also beat the analyst estimate of $246.7 million. That’s good for quarter over quarter growth of 217% … Read the rest
Category Archives: LED Lighting
Cree Inc (CREE) Missed Again, Guided Lower, Still No Sign Of Bottom
I was out on vacation all last week so apologies for the lack of posting here. I’ll be getting back to full speed very soon. I’ll probably be posting about the most important news events of last week today to get caught up. One important event of last week was the earnings report out of LED leader Cree Inc (CREE). The company disappointed analysts again missing the EPS estimate and guiding lower as well. The … Read the rest
Shares Of SemiLEDS (LEDS) Plunge Again On Earnings Miss, Poor Guidance
It’s sure been a rough few months for SemiLEDs (LEDS). The stock was crushed in January when the company reported earnings and weak guidance. The stock is down another 17% in early trading this morning after the results were even weaker than expected. In January the company said it expected to post a non GAAP profit of .06 – .09/share on revenues between $10.5 – $12.5 million for the quarter, but instead posted a .03/share … Read the rest
Energy Focus (EFOI) Still Stagnant, But Expects Growth To Begin Soon
Energy Focus (EFOI) is a speculative LED lighting play, but I believe it has the same kind of potential as Nexxus Lighting (NEXS) if it can come up with a few big orders. It hasn’t happened yet and company growth remains stagnant, but the CEO expects growth to resume in the 2nd quarter and on into 2012 when its Intellitube technology (which is currently used at the Navy) becomes available commercially.
==> Click Here For … Read the rest
Nexxus Lighting (NEXS) Received Another Energy Star Approval For LED Lights
Nexxus Lighting (NEXS) is on a roll. The company has been receiving Energy Star approvals for many of its LED bulbs and several days ago announced that they will be available in over 1000 Lowe stores which sent the stock soaring. Yesterday they announced that two more of its bulbs have received the coveted Energy Star approval rating, the first two of its Array PAR38 LED replacement lamp models. It brings the number of … Read the rest
Orion Energy Systems (OESX) Launched Hybrid LED/HIF Lighting This Week
Earlier in the week Orion Energy Systems (OESX) launched new hybrid LED/high intensity fluorescent lighting at the ProMat 2011 show in Chicago. The new technology combines the best of LED with the best of HIF providing high levels of illumination at the lowest possible cost in areas where the lights are high above the floor. Adding to the great efficiency is the InteLite Dynamic Control device which automatically adjusts light output based on the duration … Read the rest
Cree Inc (CREE) Sinks To 52 Wk Low After Slashing Revenue Guidance 15%
Shares of Cree Inc (CREE) are touching new 52 week lows this morning after the company lowered Q3 guidance. They now see revenue in the range of $215 – $220 million (down from previous estimate of $245 – $265 million) due to lower demand for both chips and other components. This comes after the company reported disappointing earnings results and guidance in January that was already lower than analyst expectations.
==> Click Here For … Read the rest
Energy Focus (EFOI) To Retrofit Two Navy Ships With LED Lighting
It was announced a couple days ago that Energy Focus (EFOI) received a half million dollar order to retrofit two US Navy destroyers. EFOI will use its LED Berth lights using IntelliTube technology to replace the existing fluorescent lights reducing power consumption by half and will also replace incandescent bulbs using white, yellow, red and blue LED’s saving 80% energy.
==> Click Here For Your FREE Daily Energy Focus Analysis
"LED lights particularly make sense … Read the rest
Nexxus Lighting (NEXS) Soars On News Lowe’s Will Carry LED Bulbls
Shares of Nexxus Lighting (NEXS) are popping nearly 25% this morning on news that Lowe’s will carry their premium LED bulbs beginning in June in 1100 stores across the US. Seventeen LED bulbs will be offered including Par 38, R30, R16, GU10 and MR-16 all of which have qualified for the ENERGY STAR rating.
===> Click Here For Your FREE Nexxus Lighting Analysis
"We are very pleased to bring consumers premium LED lighting products to … Read the rest
Rubicon (RBCN) Beats, Guides Above Estimates, Shares Soar
Rubicon (RBCN) reported huge quarter over quarter growth after the bell tonight, smashing estimates in the process. Obviously traders love the report, sending shares up 20% in after hours trading. The EPS number came in at .64/share on revenues of $29.5 million which compares with the analyst estimate of just .50/share on revenues of $26.8 million. The company attributed strong results to two new manufacturing facilities, increased pricing and strong demand in the LED market.… Read the rest