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How SemiLEDs Fared In Q4?

  • SemiLEDs Corp (NASDAQ: LEDSreported fourth-quarter FY21 revenue of $1.4 million, flat quarter-on-quarter.
  • Margins: The gross margin contracted 3,500 basis points to 11% Q/Q as costs surged 57.5% Q/Q.
  • The operating margin was negative (135)% versus negative (41)% previous quarter.
  • It held $4.8 million in cash and equivalents.
  • EPS loss was $(0.42).
  • SemiLEDs did not provide forecast revenues for Q1 at this time, citing the continuing uncertain impact of COVID-19 on the economy and the company.
  • Price Action: LEDS shares traded lower by 4.46% at $6.21 in the premarket session on the last check Friday.

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