SemiLEDS (LEDS) Posts Wider Q4 Loss; Guides Q1 Revenue
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SemiLEDs Reports Fourth Quarter and Fiscal Year End 2016 Financial Results
November 21, 2016 8:15 AM ESTHSINCHU, Taiwan, Nov. 21, 2016 (GLOBE NEWSWIRE) -- SemiLEDs Corporation (NASDAQ: LEDS), SemiLEDs or the Company, a developer and manufacturer of LED chips and LED components, today announced its financial results for the fourth quarter and full year of fiscal year 2016, ended August 31, 2016.
Revenue for the fourth quarter of fiscal 2016 was $1.9 million, a 21% decrease compared to $2.4 million in the third quarter of fiscal 2016. GAAP net loss attributable to SemiLEDs stockholders for the fourth quarter of fiscal 2016 was $12.2 million, compared to a loss of $3.3 million in the third quarter of... More
