Welcome to our dedicated page for Semileds news (Ticker: LEDS), a resource for investors and traders seeking the latest updates and insights on Semileds stock.
SemiLEDs Corporation (NASDAQ: LEDS) is a developer and manufacturer of LED chips and LED components serving general lighting and specialty industrial applications. The LEDS news feed on Stock Titan aggregates the company’s publicly released updates, with a strong emphasis on quarterly and annual financial results, regulatory disclosures and technology-related announcements referenced in its communications.
Investors following SemiLEDs news will find detailed earnings releases that report revenues, cost of revenues, gross profit, operating expenses, operating margins and net income or loss for each reporting period. These releases also summarize balance sheet items such as cash and cash equivalents, inventories, debt and stockholders’ equity, giving readers insight into the company’s financial condition over time.
In addition to financial results, the news stream includes corporate and regulatory updates disclosed through Business Wire and corresponding SEC filings. Examples include notices about Nasdaq listing compliance related to stockholders’ equity requirements, engagement of financial advisors to explore potential strategic alternatives, and changes in the company’s independent registered public accounting firm. Such items help readers understand SemiLEDs’ capital markets status and governance developments as described by the company.
Technology-focused news appears through announcements involving SemiLEDs’ wholly owned company TSLC Corporation. These items describe TSLC as a technology developer and manufacturer of precision optoelectronic systems and wafer level packaging solutions, and highlight collaborative developments such as a very small PPG sensor head and a small light source device used in vital sensors. Together, these financial, corporate and technology updates provide a structured view of how SemiLEDs reports on its operations and LED-related activities. For ongoing context around LEDS stock, readers can review new and archived items in this news feed.
TSLC Corporation, a subsidiary of SemiLEDs (Nasdaq: LEDS), has been selected by Cepton (Nasdaq: CPTN) to manufacture components for its lidar solutions. This designation supports the largest ADAS lidar series production in the industry. TSLC has collaborated with Cepton for two years, validating its manufacturing capabilities for large-scale deployment. TSLC's micro-packaging technology paired with Cepton's precision alignment is expected to enhance roadway safety through improved lidar solutions.
SemiLEDs Corporation (NASDAQ: LEDS) reported a decline in revenue for Q3 FY2022, achieving $1.8 million, down from $2.2 million in the previous quarter. The company's GAAP net loss increased significantly to $916 thousand, or $(0.20) per diluted share, compared to a loss of $172 thousand, or $(0.04) per diluted share in Q2 FY2022. Additionally, the gross margin fell to 19%, down from 24%, while the operating margin worsened to negative 43%. Cash reserves decreased from $3.7 million to $3.0 million. No revenue forecast is available for Q4 due to ongoing economic uncertainties related to COVID-19.
SemiLEDs Corporation (NASDAQ:LEDS) will release its financial results for the fiscal third quarter ending May 31, 2022, before the market opens on July 12, 2022. The company focuses on developing and selling LED chips and components for various lighting applications including general, industrial, and specialty uses. SemiLEDs provides a range of LED products, including blue, white, green, and UV chips.
SemiLEDs Corporation (NASDAQ: LEDS) reported its fiscal Q2 2022 results, revealing a revenue increase to $2.2 million, up from $1.5 million in Q1 2022. The GAAP net loss decreased to $172 thousand (or $(0.04) per diluted share), compared to a loss of $518 thousand (or $(0.12)) the previous quarter. Gross margin rose to 24%, and operating margin improved to -17%. However, cash and equivalents fell to $3.7 million from $4.1 million. The Company refrained from providing Q3 revenue forecasts due to ongoing economic uncertainties related to COVID-19.
SemiLEDs Corporation (NASDAQ:LEDS) will file its Quarterly Report on Form 10-Q for the fiscal first quarter ended November 30, 2021, before 9:30 am Eastern time on January 12, 2022. The company specializes in developing and manufacturing LED chips and components for general and specialty lighting applications, including medical and horticultural uses. Their product range includes blue, white, green, and UV LED chips, showcasing their diverse application in various industries.
SemiLEDs Corporation (NASDAQ: LEDS) reported its financial results for Q4 and full fiscal 2021, revealing revenues of $1.4 million for both Q4 and Q3. The GAAP net loss rose to $1.8 million in Q4, up from $64 thousand in Q3, translating to $(0.42) per diluted share. Gross margin decreased to 11% in Q4 from 46% in Q3. Annual revenues fell to $4.7 million, down from $6.1 million in 2020, with a net loss of $2.9 million for fiscal 2021. Cash and equivalents at the end of Q4 stood at $4.8 million, an increase from $1.7 million in Q3.
SemiLEDs Corporation (NASDAQ:LEDS) will announce its financial results for the fiscal fourth quarter and year ending August 31, 2021, on November 26, 2021, prior to the market opening. The company specializes in developing, manufacturing, and selling various LED chips and components for general and specialty lighting applications, including street and residential lighting, medical, and horticulture uses. Notably, SemiLEDs offers a range of LED chips in blue, white, green, and UV.
TSLC Corporation has launched the world's first 0.49mm fine-pitch direct-lit display featuring a 36 pixels-in-1 πLED package. This innovative technology utilizes SemiLEDs' proprietary πLED technology, enabling superior production efficiency and repair capabilities. The new package allows for a significant reduction in solder pads from 144 to 24, enhancing solder reliability. TSLC's advancements from the previous 16 pixels package are set to position the company at the forefront of the high-end fine-pitch display market, with improved production processes and repair ease.
SemiLEDs Corporation (NASDAQ: LEDS) reports financial results for Q3 FY2021, ending May 31, 2021. Revenue rose to $1.4 million, up from $1.2 million in Q2 FY2021. The GAAP net loss narrowed to $64,000 or $(0.02) per share, significantly improving from $255,000 or $(0.06) per share in Q2. Gross margin surged to 46%, compared to 20% in Q2. However, operating margin slightly improved to negative 41% from negative 42%. Cash reserves dropped to $1.7 million from $2.1 million. Revenue guidance for Q4 remains uncertain due to COVID-19 impacts.
SemiLEDs Corporation (NASDAQ:LEDS) will announce its financial results for the third quarter of the 2021 fiscal year, ending May 31, 2021, on July 6, 2021, before the market opens. The company specializes in the development, manufacturing, and sale of LED chips and components for various lighting applications ranging from general to specialty uses, including UV curing and horticulture. SemiLEDs offers a diverse range of products, including blue, white, green, and UV LED chips, catering to both residential and commercial sectors.