FX.co ★ SemiLEDs Reports Loss In Q2

SemiLEDs Corp. (LEDS), revealed a net loss for the second quarter, even with declining revenues. The company reported a quarterly loss of $559K or $0.11 per share, slightly less than the $598K or $0.12 per share loss registered in November 2023. Notably, the firm, known for developing and manufacturing LED chips and components, saw a second-quarter revenue of $886 thousand. This was a decline compared to the $1.6 million generated in the first quarter of fiscal 2024.