SemiLEDs Corp: Falls on lower quarterly revenue
13/04/2018 13:55
** SemiLEDs shares LEDS.O fall 26.7 pct premarket to
$4.03, set to wipe off more than half their 47.7 pct YTD gains
** Second among top pct losers across U.S. exchanges before
the bell
** LED chipmaker posts a 16.7 pct decrease in Q2 revenue
from a year-ago quarter; Says it had shut down manufacturing
production for two weeks due to the Chinese New Year holiday
during the quarter urn:newsml:reuters.com:*:nGNX5VQr7Z
** LEDS had posted a ~26 pct decline in its Q1 revenue
urn:newsml:reuters.com:*:nL4N1P64E8
** Sees Q3 revenue at $1.8 mln vs. $2.1 mln revenue co had
posted a year ago in Q3
(Reporting by Shreyashi Sanyal in Bengaluru)
((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))