SemiLEDs GAAP EPS of -$0.06, revenue of $1.32M; initiates Q4 revenue outlook (NASDAQ:LEDS)

  • SemiLEDs press release (NASDAQ:LEDS): Q3 GAAP EPS of -$0.06.
  • Revenue of $1.32M (-21.4% Y/Y).
  • The company’s cash and cash equivalents were $1.7 million at May 31, 2024, compared to $1.6 million at the end of the second quarter of fiscal 2024.

  • Outlook: The company expects revenue for the fourth quarter ending August 31, 2024, to be approximately $1.0 million +/- 10%.