SemiLEDS (LEDS) Reports Q2 Loss of $0.11

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SemiLEDs Reports Second Quarter Fiscal Year 2023 Financial Results

April 12, 2023 6:05 AM EDT

HSINCHU, Taiwan--(BUSINESS WIRE)-- 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 2023, ended February 28, 2023.

Revenue for the second quarter of fiscal 2023 decreased to $1.2 million, compared to $1.7 million in the first quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2023 increased to $541 thousand, or $(0.11) per diluted share, compared to a net loss of $512 thousand, or $(0.11) per diluted share, in the first quarter of fiscal 2023. In the... More