SemiLEDs (NASDAQ:LEDS) Posts Quarterly Earnings Results

SemiLEDs (NASDAQ:LEDSGet Free Report) released its quarterly earnings data on Monday. The semiconductor company reported ($0.06) EPS for the quarter, RTT News reports. The company had revenue of $1.32 million for the quarter. SemiLEDs had a negative net margin of 49.29% and a negative return on equity of 158.17%.

SemiLEDs Price Performance

Shares of NASDAQ LEDS opened at $1.34 on Tuesday. The firm’s 50-day moving average price is $1.38 and its 200-day moving average price is $1.43. The company has a current ratio of 0.97, a quick ratio of 0.40 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $9.62 million, a price-to-earnings ratio of -2.39 and a beta of 1.03. SemiLEDs has a 12-month low of $1.01 and a 12-month high of $2.75.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of SemiLEDs in a research report on Saturday. They set a “sell” rating on the stock.

Read Our Latest Stock 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.

Further Reading

Earnings History for SemiLEDs (NASDAQ:LEDS)

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