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 Corp (NASDAQ: LEDS) delivers cutting-edge LED solutions through its proprietary vertical chip technology and copper alloy thermal management systems. This dedicated news hub provides investors and industry professionals with essential updates on the company’s technological advancements, financial performance, and market positioning.
Access authoritative coverage of earnings announcements, product innovations, strategic partnerships, and regulatory filings. Our curated collection ensures timely access to press releases and verified news about LEDS’ developments in UV curing applications, high-power lighting components, and global manufacturing operations.
Key updates include breakthroughs in lambertian light pattern optimization, expansions in Asian markets, and advancements in LED light therapy solutions. Bookmark this page for streamlined tracking of Semileds’ progress in redefining energy-efficient lighting technologies across commercial, industrial, and specialized sectors.
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.
SemiLEDs Corporation (NASDAQ: LEDS) reported its Q1 fiscal 2023 results, revealing a revenue increase to $1.7 million from $1.6 million in Q4 FY2022. The net loss narrowed to $512 thousand ($0.11 per diluted share) from a loss of $1.1 million ($0.25 per diluted share) in the previous quarter. Gross margin improved to 27% versus 21% in Q4 FY2022, while operating margin also showed improvement at -39% compared to -66%. Cash and equivalents were $4.5 million as of November 30, 2022, up from $4.3 million at FY2022's end.
SemiLEDs Corporation (NASDAQ:LEDS) is set to report its financial results for the first quarter of the 2023 fiscal year, ending November 30, 2022. The announcement is scheduled for January 3, 2023, before the market opens. SemiLEDs specializes in developing and manufacturing LED chips and components for various applications, including general lighting and ultraviolet (UV) technologies for sectors like medical and horticulture.
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.
