SemiLEDS (LEDS) Reports Q3 Loss of $0.09

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SemiLEDs Reports Third Quarter Fiscal Year 2018 Financial Results

July 11, 2018 4:01 PM EDT

HSINCHU, Taiwan, July 11, 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 third quarter of fiscal year 2018, ended May 31, 2018.

Revenue for the third quarter of fiscal 2018 was $2.0 million, a 30% increase compared to $1.5 million in the second quarter of fiscal 2018. GAAP net loss for the third quarter of fiscal 2018 was $326 thousand, compared to a loss of $1.1 million in the second quarter of fiscal 2018, or a net loss of $0.09 per... More