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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 Corporation (NASDAQ: LEDS) reported its financial results for Q4 and the full fiscal year 2022. For Q4, revenues were $1.6 million, slightly down from $1.8 million in Q3. The net loss for Q4 increased to $1.1 million, or $(0.25) per share, compared to a loss of $916 thousand in Q3. Full-year revenues rose to $7.1 million, up from $4.7 million in fiscal 2021. However, the annual net loss decreased to $2.7 million, or $(0.61) per share. Cash and equivalents were $4.3 million as of August 31, 2022. Forecasting for the upcoming quarter remains uncertain due to COVID-19 impacts.
SemiLEDs Corporation (NASDAQ:LEDS) is set to report its financial results for the fiscal fourth quarter and year ended August 31, 2022, before market open on November 7, 2022. The company specializes in developing, manufacturing, and selling LED chips for various applications, including general lighting and specialty uses like UV curing and horticulture. This upcoming announcement will provide investors with insights into the company's financial performance over the year.
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.
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