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Stock impact report

SemiLEDs Reports Fourth Quarter and Fiscal Year End 2018 Financial Results

SemiLEDS Corporation (LEDS) 
US:NASDAQ Investor Relations: investors.semileds.com
Company Research Source: GlobeNewswire
HSINCHU, Taiwan, Nov. 14, 2018 (GLOBE NEWSWIRE) -- SemiLEDs Corporation (NASDAQ: LEDS), “SemiLEDs” or the “Company,” a developer and manufacturer of LED chips and LED components, today announced its financial results for the fourth quarter and full year of fiscal year 2018, ended August 31, 2018. Revenues for the fourth quarter and for the third quarter of fiscal 2018 were both approximately $2.0 million. GAAP net loss attributable to SemiLEDs stockholders for the fourth quarter of fiscal 2018 was $1.1 million, compared to a loss of $326 thousand in the third quarter of 2018, or a net loss of $0.32 per diluted share, compared to a net loss of $0.09 per diluted share for the third quarter of fiscal 2018. GAAP gross margin for the fourth quarter of fiscal 2018 was negative 11%, compared with gross margin for the third quarter of fiscal 2018 of negative 8%. Operating margin for the fourth quarter of fiscal 2018 was negative 62%, compared with negative 18% in the third quarter of fisc Show less Read more
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