Overview
US LED chip maker's fiscal Q2 revenue fell 58% from the prior quarter due to fewer equipment orders
Net loss narrowed to $603,000 from $742,000 in the previous quarter
Gross margin held steady at 1% in fiscal Q2
Outlook
SemiLEDs anticipates buy-sell purchase orders in the second half of fiscal 2026
Result Drivers
EQUIPMENT ORDERS - Revenue declined due to absence of buy-sell purchase orders of equipment, company said
Company press release: ID:nBwRQ1Yla
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$1.06 mln
Q2 EPS
-$0.07
Q2 Net Income
-$603,000
Q2 Gross Profit
$6,000
Q2 Income From Operations
-$845,000
Q2 Operating Expenses
$851,000
Q2 Pretax Profit
-$603,000
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(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.)