SemiLEDs (NASDAQ:LEDS) Posts Quarterly Earnings Results

SemiLEDs (NASDAQ:LEDSGet Free Report) announced its quarterly earnings data on Monday. The semiconductor company reported ($0.06) EPS for the quarter, RTT News reports. SemiLEDs had a negative net margin of 44.37% and a negative return on equity of 140.41%. The business had revenue of $1.32 million during the quarter.

SemiLEDs Price Performance

Shares of LEDS stock opened at $1.36 on Wednesday. SemiLEDs has a 12-month low of $1.01 and a 12-month high of $2.75. The company has a quick ratio of 0.40, a current ratio of 0.97 and a debt-to-equity ratio of 0.36. The stock’s 50-day moving average price is $1.38 and its 200-day moving average price is $1.43.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on SemiLEDs in a research report on Saturday. They issued a “sell” rating on the stock.

Check Out Our Latest Analysis on LEDS

About SemiLEDs

(Get Free Report)

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packs and sells its LED chips.

See Also

Earnings History for SemiLEDs (NASDAQ:LEDS)

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