- SemiLEDs Corp LEDS reported fourth-quarter FY21 revenue of $1.4 million, flat quarter-on-quarter.
- Margins: The gross margin contracted 3,500 basis points to 11% Q/Q as costs surged 57.5% Q/Q.
- The operating margin was negative (135)% versus negative (41)% previous quarter.
- It held $4.8 million in cash and equivalents.
- EPS loss was $(0.42).
- SemiLEDs did not provide forecast revenues for Q1 at this time, citing the continuing uncertain impact of COVID-19 on the economy and the company.
- Price Action: LEDS shares traded lower by 4.46% at $6.21 in the premarket session on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
