Read How SemiLEDs Fared In Q4

November 26, 2021 5:39 AM | 1 min read |

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.