SemiLEDS (NASDAQ:LEDS) Posts Earnings Results

SemiLEDS (NASDAQ:LEDS) posted its quarterly earnings results on Tuesday. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, FiscalAI reports. SemiLEDS had a negative return on equity of 89.53% and a negative net margin of 6.71%.The business had revenue of $9.07 million during the quarter.

SemiLEDS Stock Performance

NASDAQ:LEDS opened at $1.52 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.91 and a quick ratio of 0.55. The firm has a market capitalization of $12.56 million, a price-to-earnings ratio of -5.43 and a beta of 1.59. The company’s 50-day moving average is $1.93 and its two-hundred day moving average is $1.68. SemiLEDS has a 1-year low of $1.01 and a 1-year high of $3.37.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised SemiLEDS from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About SemiLEDS

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.