SemiLEDS (LEDS) Reports Q3 Loss of $1.06/Share
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SemiLEDs Reports Third Quarter Fiscal Year 2016 Financial Results
July 12, 2016 4:01 PM EDTHSINCHU, Taiwan, July 12, 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 third quarter of fiscal year 2016, ended May 31, 2016.
Revenue for the third quarter of fiscal 2016 was $2.4 million, an 18% decrease compared to $2.9 million in the second quarter of fiscal 2016. GAAP net loss attributable to SemiLEDs stockholders for the third quarter of fiscal 2016 was $3.3 million, compared to a loss of $2.5 million in the second quarter of 2016, or a net loss of $1.11 per diluted share, compared... More
