SemiLEDS (NASDAQ:LEDS – Get Free Report) issued its earnings results on Tuesday. The semiconductor company reported $0.18 EPS for the quarter, FiscalAI reports. SemiLEDS had a negative net margin of 6.71% and a negative return on equity of 89.53%. The company had revenue of $9.07 million during the quarter.
SemiLEDS Price Performance
Shares of LEDS stock opened at $2.24 on Wednesday. The company has a quick ratio of 0.55, a current ratio of 0.91 and a debt-to-equity ratio of 0.13. SemiLEDS has a twelve month low of $1.01 and a twelve month high of $3.37. The company has a market cap of $18.50 million, a P/E ratio of -8.00 and a beta of 1.59. The business has a fifty day simple moving average of $1.94 and a 200 day simple moving average of $1.69.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of SemiLEDS from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, SemiLEDS has an average rating of “Sell”.
About SemiLEDS
SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.
Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.
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