SemiLEDs: Tumbles on bleak revenue forecast
12/07/2018 17:44
** Shares of LED chip manufacturer LEDS.O tumble nearly 10
pct to $4.31
** Among biggest pct losers on Nasdaq
** Expects Q4 revenue of about $1.9 mln, plus or minus 10
pct vs $2.6 mln a year-ago urn:newsml:reuters.com:*:nGNXbKxTXZ
** Q3 revenue of $2 mln, slightly below $2.1 mln a year ago
** Including session's losses, stock up ~16 pct YTD,
compared with a 3 pct decline in the S&P 500 Electronic
Equipment, Instruments & Components index .SLPRCELEQ
(Reporting by Vibhuti Sharma in Bengaluru)
((RM: vibhuti.sharma.thomsonreuters.com@reuters.net))