SemiLEDS (LEDS) Reports Q1 Loss of $0.11/Share

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SemiLEDs Reports First Quarter Fiscal Year 2016 Financial Results

January 12, 2016 6:01 AM EST

HSINCHU, Taiwan--(BUSINESS WIRE)-- 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 first quarter of fiscal year 2016, ended November 30, 2015.

Revenue for the first quarter of fiscal 2016 was $3.0 million, a 5% decrease compared to $3.1 million in the fourth quarter of fiscal 2015. GAAP net loss attributable to SemiLEDs stockholders for the first quarter of fiscal 2016 was $3.3 million, compared to a loss of $3.0 million in the fourth quarter of 2015, or a net loss of $0.11 per diluted share, compared to a... More