SemiLEDS (NASDAQ:LEDS) Releases Quarterly Earnings Results

SemiLEDS (NASDAQ:LEDS) released its quarterly earnings results on Tuesday. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $9.07 million for the quarter. SemiLEDS had a negative net margin of 3.92% and a negative return on equity of 47.98%.

SemiLEDS Price Performance

SemiLEDS stock opened at $2.57 on Thursday. SemiLEDS has a 1 year low of $1.01 and a 1 year high of $3.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.55 and a current ratio of 0.91. The firm has a 50 day moving average price of $1.95 and a 200 day moving average price of $1.69. The company has a market cap of $21.23 million, a price-to-earnings ratio of -19.77 and a beta of 1.59.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of SemiLEDS from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, SemiLEDS currently has an average rating of “Sell”.

SemiLEDS Company Profile

SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.

Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.