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 reports recurring developments in its LED chip and LED component business, including quarterly financial results, gross margin, operating margin, liquidity and product demand. The company develops and manufactures LED chips and components for general lighting uses such as street, commercial, industrial, system and residential lighting, and sells blue, white, green and UV LED chips.
Company news also covers specialty industrial applications, including UV curing, medical and cosmetic uses, counterfeit detection, horticulture, architectural lighting and entertainment lighting. Updates involving TSLC, a wholly owned SemiLEDs company, describe precision optoelectronic systems, wafer-level packaging solutions and sensor or light-source development tied to advanced packaging technology.
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.
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.