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SemiLEDS Corporation (LEDS) is a pioneering force in the LED industry, established in 2005 in the United States. The company has made a significant mark due to its ongoing commitment to innovation and the development of the revolutionary vertical LED chip on a metal alloy substrate. This proprietary technology provides two key advantages: a copper alloy base with thermal conductivity of 400 W/m-K and a vertical structure that ensures a perfect lambertian pattern.
SemiLEDS offers a diverse range of ultra-high power LED chips and packages. The company has seen notable success in the UV LED market and was honored with the prestigious ‘2009 Technology Pioneer Award’ by the World Economic Forum. With state-of-the-art research and manufacturing facilities in both China and Taiwan, SemiLEDS is well-positioned to meet the demands of the global LED market.
The company’s product portfolio includes LED chips, LED components, and various lighting products. These are utilized in a broad spectrum of general lighting applications such as street lighting, commercial, industrial, system, and residential lighting. Additionally, they are employed in specialized industrial applications including ultraviolet curing of polymers, LED light therapy for medical and cosmetic purposes, counterfeit detection, horticultural lighting, architectural lighting, and entertainment lighting.
Substantial revenue is generated from the sale of LED component products, with a majority of this revenue coming from the United States. As a NASDAQ-listed American company with a significant presence in Asia, SemiLEDS is adept at responding to global market needs.
Stay updated with the latest developments, achievements, and financial reports of SemiLEDS Corporation to understand its ongoing impact and future potential in the LED industry.
SemiLEDs (NASDAQ: LEDS) has released its financial results for Q1 FY2025, ended November 30, 2024. The LED chip and component manufacturer reported revenue of $1.3 million, unchanged from Q4 FY2024. The company's GAAP net loss slightly improved to $547,000 ($0.08 per diluted share) from $560,000 ($0.08 per diluted share) in the previous quarter.
The company showed improvement in margins, with GAAP gross margin increasing to 21% from 12% in Q4 FY2024, and operating margin improving to -52% from -62%. However, cash and cash equivalents decreased to $1.2 million from $1.7 million in the previous quarter.
SemiLEDs (NASDAQ: LEDS) reported its Q4 and fiscal year 2024 results. Q4 revenue remained flat at $1.3 million compared to Q3 FY2024, while net loss widened to $560,000 ($0.08 per share) from $319,000 ($0.04 per share). Gross margin declined to 12% from 41% in Q3. For full fiscal year 2024, revenue decreased to $5.2 million from $6.0 million in FY2023. Annual net loss improved to $2.0 million ($0.32 per share) compared to $2.7 million ($0.55 per share) in FY2023. Cash position stood at $1.7 million as of August 31, 2024.
SemiLEDs (NASDAQ: LEDS) announced its financial results for Q3 FY 2024, ending May 31, 2024.
Revenue increased to $1.3 million from $886 thousand in the previous quarter. GAAP net loss decreased to $319 thousand, or $(0.06) per diluted share, from a net loss of $559 thousand, or $(0.11) per diluted share in Q2 FY 2024.
The GAAP gross margin improved to 41% from 13% in the last quarter. The operating margin also showed improvement, rising to negative 36% from negative 94% in Q2 FY 2024.
Cash and cash equivalents rose to $1.7 million, up from $1.6 million at the end of the prior quarter. The company expects Q4 FY 2024 revenue to be around $1.0 million +/- 10%.
SemiLEDs has engaged Roth Capital Partners to explore potential strategic alternatives.
SemiLEDs Corporation (NASDAQ: LEDS) reported a revenue decline for Q2 FY2023, totaling $1.2 million, down from $1.7 million in Q1 FY2023. The net loss attributable to stockholders increased to $541,000, or $(0.11) per diluted share, consistent with Q1's loss per share. The company's gross margin decreased to 23% from 27% in Q1, while operating margin worsened to -61% from -39%. Cash and cash equivalents decreased to $3.9 million at the end of Q2, down from $4.5 million in Q1. The company expects Q3 revenue to be around $2.0 million, with a margin of +/- 10%.
SemiLEDs Corporation (NASDAQ: LEDS) will release its financial results for the 2023 fiscal second quarter, which ended on February 28, 2023, prior to market opening on April 12, 2023. The company specializes in the development, manufacturing, and sales of LED chips and components for various lighting applications, including general, industrial, and specialty uses such as UV curing and horticulture. SemiLEDs produces a range of LED products, including blue, white, green, and UV chips.
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