Creeannounced mixed fiscal fourth quarter and year-end financial results on August 11. For Q4, company revenue was $382 million, down 6.7 percent from the prior quarter and down 12 percent from the year-ago quarter. For the full year (FY2015), Cree revenue was $1.63 billion, down 0.9 percent from FY2014. For fiscal year 2015, Power and RF Products revenue was $123.9 million, a 15 percent increase over fiscal 2014. CFO Michael McDevitt said the gain was "driven by growth in our power products."