SemiLEDs Corp: Tumbles after reporting wider loss

Semileds

11/07/2019 13:36

** LED chip maker's shares  LEDS.O  fall 13.6% to $2.55
premarket after reporting Q3 results 
    ** SemiLEDs net loss widens to $859,000 in Q3 from $847,000
in Q2; Co's cash and cash equivalents fell to $1.1 mln from $1.6
mln in Q2  urn:newsml:reuters.com:*:nGNX1HjgQJ 
    ** Shares of SemiLEDs among top percentage losers across
U.S. exchanges before the bell
    ** As of Wednesday's close, LEDS shares have gained 9.3%
this year 

 (Reporting by Shreyashi Sanyal in Bengaluru)
 ((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))