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SemiLEDs Q1 net loss narrows vs prior quarter

Overview

LED chip maker's Q1 fiscal 2026 revenue fell sharply from previous quarter

Net loss for Q1 fiscal 2026 narrowed compared to prior quarter

Company's cash and cash equivalents increased slightly from prior quarter

Outlook

Company did not provide specific guidance for future quarters or fiscal year

Result Drivers

REVENUE DECLINE - Co reported a sharp decline in revenue to $2.6 mln from $13.2 mln in the previous quarter without providing specific reasons

OPERATING EXPENSES - Operating expenses decreased slightly, contributing to a narrower net loss

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Revenue$2.57 mln
Q1 Net Income-$742,000
Q1 Gross Profit$18,000
Q1 Income From Operations-$1.01 mln
Q1 Operating Expenses$1.03 mln
Q1 Pretax Profit-$742,000
Press Release: ID:nBw4NvNqMa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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