SemiLEDs (NASDAQ:LEDS) Releases Quarterly Earnings Results

SemiLEDs (NASDAQ:LEDS) released its quarterly earnings results on Wednesday. The semiconductor company reported ($0.12) earnings per share (EPS) for the quarter, reports. SemiLEDs had a negative net margin of 48.75% and a negative return on equity of 89.28%. The firm had revenue of $1.47 million for the quarter.

NASDAQ LEDS opened at $4.01 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 0.64. The business’s 50 day moving average price is $5.71 and its 200-day moving average price is $8.11. SemiLEDs has a fifty-two week low of $3.02 and a fifty-two week high of $31.44.

Several hedge funds have recently modified their holdings of LEDS. Centiva Capital LP purchased a new stake in shares of SemiLEDs during the 3rd quarter worth $632,000. Two Sigma Investments LP acquired a new position in shares of SemiLEDs in the third quarter valued at about $142,000. Royal Bank of Canada acquired a new position in shares of SemiLEDs in the second quarter valued at about $26,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in SemiLEDs during the second quarter worth about $715,000. Institutional investors and hedge funds own 3.66% of the company’s stock.

About SemiLEDs

SemiLEDs Corp. engages in the development, manufacture, and sale of light emitting diode chips and components. Its products include blue, ultraviolet, green, white, and entertainment LEDs. It offers LED chips, EF flipchip LED series, LED components, UV LED, and lighting products. The firm’s products are used for general lighting applications, including street lights, commercial, industrial, system, and residential lighting.

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Earnings History for SemiLEDs (NASDAQ:LEDS)

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