SemiLEDS (LEDS) Reports Q1 Loss of $0.17/Share
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SemiLEDs Reports First Quarter Fiscal Year 2017 Financial Results
January 12, 2017 7:35 AM ESTHSINCHU, Taiwan, Jan. 12, 2017 (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 first quarter of fiscal year 2017, ended November 30, 2016.
Revenue for the first quarter of fiscal 2017 was $2.7 million, a 43% increase compared to $1.9 million in the fourth quarter of fiscal 2016. GAAP net loss attributable to SemiLEDs stockholders for the first quarter of fiscal 2017 was $0.7 million, compared to a loss of $12.2 million in the fourth quarter of 2016, or a net loss of... More
