SemiLEDS (LEDS) Reports Q3 Loss of $0.34/Share

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SemiLEDs Reports Third Quarter Fiscal Year 2017 Financial Results

July 12, 2017 4:01 PM EDT

HSINCHU, Taiwan, July 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 third quarter of fiscal year 2017, ended May 31, 2017.

Revenue for the third quarter of fiscal 2017 was $2.1 million, a 15% increase compared to $1.8 million in the second quarter of fiscal 2017. GAAP net loss attributable to SemiLEDs stockholders for the third quarter of fiscal 2017 was $1.6 million, or a net loss of $0.45 per diluted share, compared to a loss of $1.1 million,... More