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.
SemiLEDs Corporation (NASDAQ: LEDS) reported its financial results for Q2 FY 2021, ending February 28, 2021. Revenue rose to $1.2 million from $719 thousand in Q1 FY 2021. The net loss decreased to $255 thousand ($0.06 per diluted share) from a loss of $697 thousand in the prior quarter. Gross margin improved to 20% compared to -3% in Q1. Operating margin also showed improvement at -42% from -135%. However, cash reserves fell to $2.1 million while revenue guidance for Q3 remains uncertain due to COVID-19 impacts.
SemiLEDs Corporation (NASDAQ:LEDS) will announce its financial results for Q2 of the 2021 fiscal year, ending February 28, 2021, on April 8, 2021, after market close. The company specializes in developing and manufacturing LED chips and components for various applications, including general lighting for residential, commercial, and industrial uses, as well as ultraviolet (UV) applications. Their product range covers blue, white, green, and UV LED chips.
SemiLEDs Corporation (NASDAQ: LEDS) reported its first-quarter results for fiscal 2021, ending November 30, 2020. The company experienced a significant decline in revenue, generating only $719 thousand compared to $1.4 million in the prior quarter. The GAAP net loss attributable to stockholders grew to $697 thousand or $0.17 per diluted share, a stark contrast to $62 thousand or $0.02 per diluted share in the fourth quarter. Additionally, the gross margin was negative 3% versus 8% previously. With cash reserves at $2.7 million, the company faces revenue uncertainty due to COVID-19 impacts.
SemiLEDs Corporation (NASDAQ:LEDS) will release its financial results for the first quarter of fiscal 2021, ending November 30, 2020, after market close on January 8, 2021. The company specializes in developing and manufacturing LED chips and components suitable for various lighting applications, including general, industrial, and specialty uses like UV curing and medical lighting. SemiLEDs offers a range of LED chips, including blue, white, green, and UV variants.
SemiLEDs Corporation (NASDAQ: LEDS) reported its financial results for Q4 and fiscal year 2020, ending August 31, 2020. Q4 revenues were $1.4 million, down 12% from Q3's $1.6 million. The GAAP net loss for Q4 was $62 thousand, improving from a $513 thousand loss in Q3, leading to a net loss of $0.02 per diluted share. FY 2020 revenues increased to $6.1 million, up 3% from $5.9 million in FY 2019. GAAP net loss for FY 2020 was $544 thousand, significantly better than the $3.6 million loss in FY 2019. Cash reserves rose from $1.4 million to $2.8 million year-over-year.
SemiLEDs Corporation (NASDAQ:LEDS) will announce its financial results for Q4 and the fiscal year ending August 31, 2020, on November 12, 2020, post-market close. The company specializes in developing and manufacturing LED chips and components for a variety of lighting applications, including general, medical, and architectural purposes. Their product range includes blue, white, green, and UV LED chips, catering to both industrial and commercial markets.