SemiLEDS (LEDS) Reports Q2 Loss of $0.30/Share

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Go back to SemiLEDS (LEDS) Reports Q2 Loss of $0.30/Share

SemiLEDs Reports Second Quarter Fiscal Year 2017 Financial Results

April 12, 2017 4:01 PM EDT

HSINCHU, Taiwan, April 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 second quarter of fiscal year 2017, ended February 28, 2017.

Revenue for the second quarter of fiscal 2017 was $1.8 million, a 32% decrease compared to $2.7 million in the first quarter of fiscal 2017. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2017 was $1.1 million, or a net loss of $0.32 per diluted share, compared to a loss of $0.7... More