SemiLEDs Corp [LEDS] posts $0.51M loss as revenue falls 4.99% to $1.70M

SemiLEDs Corp [LEDS] posted a loss of $0.51M, marking a rise of 44.13% for this quarter.

Revenue fell to $1.70M this quarter compared to $1.78M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $-0.51M, up 44.13% from $-0.91M.

The company’s net sales for the period were $1.70M, down 4.99%. Net sales in the previous quarter were $1.78M.