Tuesday, January 14, 2025

SemiLEDs Reports Q1: Increased Margins Amid Flat Revenue and Reduced Net Loss

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SemiLEDs Corporation (NASDAQ: LEDS) announced its financial results for the first quarter of fiscal year 2025, reporting stagnant revenue of $1.3 million, unchanged from the previous quarter. The company’s GAAP net loss showed slight improvement, decreasing to $547,000 or $0.08 per diluted share, down from a loss of $560,000 in Q4 FY2024. Significant improvements were made in gross margin, which rose to 21% from 12%, and an operating margin that improved to -52% from -62%. However, the company also experienced a decline in cash and cash equivalents, which fell to $1.2 million compared to $1.7 million in the prior quarter, raising concerns about liquidity. These mixed results highlight ongoing challenges in maintaining profitability amid a competitive LED market.

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