SemiLEDs Q1 net loss narrows vs prior quarter

Reuters
Jan 14
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

Metric

Beat/Miss

Actual

Consensus 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10