SemiLEDS (LEDS) Reports Q2 Loss of $0.32/Share

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Go back to SemiLEDS (LEDS) Reports Q2 Loss of $0.32/Share

SemiLEDs Reports Second Quarter Fiscal Year 2018 Financial Results

April 12, 2018 4:01 PM EDT

HSINCHU, Taiwan, April 12, 2018 (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 2018, ended February 28, 2018.

Revenue for the second quarter of fiscal 2018 was $1.5 million, a 23% decrease compared to $2.0 million in the first quarter of fiscal 2018. GAAP net loss for the second quarter of fiscal 2018 was $1.1 million, compared to a loss of $0.4 million in the first quarter of fiscal 2018, or a net loss of $0.32 per... More