SemiLEDS Corporation (LEDS)

SemiLEDs Sees Q2 Revenue Slide 58% as Equipment Orders SlowApril 14, 2026 6:03 AM
IH Market News
SemiLEDs Corporation (NASDAQ:LEDS) reported a sharp drop in fiscal second-quarter revenue, down 58% from the previous quarter, largely due to weaker demand for equipment.The U.S.-based LED chip manufacturer generated $1.06 million in revenue during the period. Net loss narrowed to $603,000 from $742,000 in the prior quarter, with earnings per share reported at negative $0.07.Gross profit stood at $6,000, while gross margin remained unchanged at 1% for the quarter. Operating expenses totaled $851,000, leading to an operating loss of $845,000. The pretax loss was in line with the net loss at $603,000.The company attributed the revenue decline to a lack of buy-sell equipment orders during the quarter.Looking ahead, SemiLEDs expects such orders to resume in the second half of fiscal 2026.SemiLEDs Corporation stock price

Original: SemiLEDs Sees Q2 Revenue Slide 58% as Equipment Orders Slow

SemiLEDs Reports Second Quarter Fiscal Year 2026 Financial ResultsApril 14, 2026 4:00 AM
Business Wire
SemiLEDs Corporation (NASDAQ: LEDS), “SemiLEDs” or the “Company,” a developer and manufacturer of LED chips and LED components, today announced its financial results for the second quarter of fiscal year 2026, ended February 28, 2026.


Revenue for the second quarter of fiscal 2026 was $1.1 million, compared to $2.6 million in the first quarter of fiscal 2026. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2026 was $603 thousand, or $(0.07) per diluted share, compared to a net loss of $742 thousand, or $(0.09) per diluted share, in the first quarter of fiscal 2026.


GAAP gross margin for the second quarter of fiscal 2026 was 1%, compared to 1% for the first quarter of fiscal 2026. Operating margin for the second quarter of fiscal 2026 was negative 79%, compared with negative 39% for the first quarter of fiscal 2026. The Company’s cash and cash equivalents were $4.0 million at February 28, 2026, compared to $2.9 million at the end of the first quarter of fiscal 2026.


Our revenue was lower in the second quarter of fiscal 2026 compared to the first quarter of fiscal 2026, due to the absence of any buy-sell purchase orders of equipment. We anticipate buy-sell purchase orders in the second half of fiscal 2026.


About SemiLEDs


SemiLEDs develops and manufactures LED chips and LED components for general lighting applications, including street lights and commercial, industrial, system and residential lighting, along with specialty industrial applications such as ultraviolet (UV) curing, medical/cosmetic, counterfeit detection, horticulture, architectural lighting and entertainment lighting. SemiLEDs sells blue, white, green and UV LED chips.


Forward Looking Statements


This press release contains statements that may constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact could be deemed forward-looking, including any statements regarding the expectation of buy-sell orders in the second half of fiscal 2026; any statements about historical results that may suggest trends for SemiLEDs’ business; any statements of the plans, strategies and objectives of management for future operations; any statements of expectation or belief regarding recovery of the LED industry, market opportunities and other future events or technology developments; any statements regarding SemiLEDs’ position to capitalize on any market opportunities; and any statements of assumptions underlying any of the foregoing. These forward-looking statements are based on current expectations, estimates, forecasts and projections of future SemiLEDs’ or industry performance based on management’s judgment, beliefs, current trends and market conditions and involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. SemiLEDs’ Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) and other SemiLEDs filings with the SEC (which you may obtain for free at the SEC’s website at http://www.sec.gov) discuss some of the important risks and other factors that may affect SemiLEDs’ business, results of operations and financial condition. SemiLEDs undertakes no intent or obligation to publicly update or revise any of these forward looking statements, whether as a result of new information, future events or otherwise, except as required by law.


SEMILEDS CORPORATION AND SUBSIDIARIES

Unaudited Condensed Consolidated Balance Sheets

(In thousands of U.S. dollars)




 






 






February 28,






 






 






November 30,






 






 








 






 






2026






 






 






2025






 






 








ASSETS






 






 






 






 






 






 






 








CURRENT ASSETS:






 






 






 






 






 






 






 








Cash and cash equivalents






 






$






3,978






 






 






$






2,889






 






 








Accounts receivable (including related parties), net






 






 






1,649






 






 






 






1,867






 






 








Inventories






 






 






4,885






 






 






 






3,923






 






 








Prepaid expenses and other current assets






 






 






1,937






 






 






 






1,567






 






 








Total current assets






 






 






12,449






 






 






 






10,246






 






 








Property, plant and equipment, net






 






 






2,353






 






 






 






2,497






 






 








Operating lease right of use assets






 






 






1,047






 






 






 






1,076






 






 








Intangible assets, net






 






 






110






 






 






 






109






 






 








Investments in unconsolidated entities






 






 






49






 






 






 






55






 






 








Other assets






 






 






252






 






 






 






248






 






 








TOTAL ASSETS






 






$






16,260






 






 






$






14,231






 






 








LIABILITIES AND EQUITY






 






 






 






 






 






 






 








CURRENT LIABILITIES:






 






 






 






 






 






 






 








Current installments of long-term debt






 






$






1,265






 






 






$






1,262






 






 








Accounts payable






 






 






2,157






 






 






 






1,586






 






 








Accrued expenses and other current liabilities






 






 






8,924






 






 






 






6,778






 






 








Other payable to related parties






 






 






1,170






 






 






 






1,152






 






 








Operating lease liabilities, current






 






 






127






 






 






 






139






 






 








Total current liabilities






 






 






13,643






 






 






 






10,917






 






 








Long-term debt, excluding current installments






 






 






193






 






 






 






308






 






 








Operating lease liabilities, less current portion






 






 






920






 






 






 






937






 






 








Total liabilities






 






 






14,756






 






 






 






12,162






 






 








SHAREHOLDERS‘ EQUITY:






 






 






 






 






 






 






 








Common stock






 






 






—






 






 






 






—






 






 








Additional paid-in capital






 






 






189,020






 






 






 






188,978






 






 








Accumulated other comprehensive income






 






 






3,640






 






 






 






3,644






 






 








Accumulated deficit






 






 






(191,156






)






 






 






(190,553






)






 








Total shareholders' equity






 






 






1,504






 






 






 






2,069






 






 








TOTAL LIABILITIES AND EQUITY






 






$






16,260






 






 






$






14,231






 






 







SEMILEDS CORPORATION AND SUBSIDIARIES

Unaudited Condensed Consolidated Statements of Operations

(In thousands of U.S. dollars and shares, except per share data)




 






 






Three Months Ended






 






 








 






 






February 28,






 






 






November 30,






 






 








 






 






2026






 






 






2025






 






 








Revenues, net






 






$






1,064






 






 






$






2,569






 






 








Cost of revenues






 






 






1,058






 






 






 






2,551






 






 








Gross profit






 






 






6






 






 






 






18






 






 








Operating expenses:






 






 






 






 






 






 






 








Research and development






 






 






276






 






 






 






356






 






 








Selling, general and administrative






 






 






575






 






 






 






703






 






 








Gain on disposals of long-lived assets






 






 






—






 






 






 






(30






)






 








Total operating expenses






 






 






851






 






 






 






1,029






 






 








Loss from operations






 






 






(845






)






 






 






(1,011






)






 








Other income (expenses):






 






 






 






 






 






 






 








Investment loss






 






 






(6






)






 






 






(9






)






 








Interest expenses, net






 






 






(22






)






 






 






(12






)






 








Other income, net






 






 






275






 






 






 






269






 






 








Foreign currency transaction (loss) gain, net






 






 






(5






)






 






 






21






 






 








Total other income, net






 






 






242






 






 






 






269






 






 








Loss before income taxes






 






 






(603






)






 






 






(742






)






 








Income tax expense






 






 






—






 






 






 






—






 






 








Net loss






 






 






(603






)






 






 






(742






)






 








Net loss attributable to SemiLEDs stockholders






 






$






(603






)






 






$






(742






)






 








Net loss per share attributable to SemiLEDs stockholders:






 






 






 






 






 






 






 








Basic and diluted






 






$






(0.07






)






 






$






(0.09






)






 








Shares used in computing net loss per share attributable to SemiLEDs stockholders:






 






 






 






 






 






 






 








Basic and diluted






 






 






8,225






 






 






 






8,226






 






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260414499350/en/
Christopher Lee

Chief Financial Officer

SemiLEDs Corporation

+886-37-586788

investor@semileds.com


Original: SemiLEDs Reports Second Quarter Fiscal Year 2026 Financial Results

LEDS...HERE WE GO...LOW VOLUME MINI MONSTER WITH A WEEKLY BREAK OUT MASTERCHART

LEDS HERE WE GO...WEEKLY BREAKOUT CHART

LEDS on the move

Are we LEDs to believe a bottom in quick flipper $1.28 + 16-% with 3m float

LEDS 10Q expected JULY11

LEDS 10Q expected July 3

LEDS roll the dice

LEDS new 52 week low

LEDS potential wash trade
SemiLEDs Corp NASDAQ: LEDS

GoSymbol lookup
Information Technology : Semiconductors & Semiconductor Equipment | Small Cap Blend | Based in Taiwan, Province Of ChinaCompany profile
SemiLEDs Corp is a Taiwan-based company mainly engaged in the development, manufacture and sale of light emitting diode (LED) chips and LED components, LED modules and systems. The Company’s products are used for general lighting and specialty industrial applications, including ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, germicidal and viricidal devices LED lighting for horticulture applications, architectural lighting and entertainment lighting.

Blocks all day.

Added here this morning on increased revs

Added

Looking like it’s building momo and wants to run.

False high discharge may rise a little, but will bleed in the end

shut up whale dog

If your purchase price reaches it, don't hesitate to sell

Buying at this price is the biggest pile you'll ever eat

Do not forget that the price was 2 dollars a month ago

It will go down just rotate to the bottom

Amplifier price 1700% 1

It's been sold out, I'll buy it back for $12, then $8 again

Love some news from the co. Other than financials.

Buying the Low’s right here under 21 selling the high $27 to $30

$LEDS $SNDL https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-sundial-growers-naked-brand-qts-realty-new-oriental-education-or-semileds-301306921.html

WOOHOOOOOO LEDS$$$$$$$$$$$$$$$$$

* * $LEDS Video Chart 06-07-2021 * *

Link to Video - click here to watch the technical chart video

Yeah hit target and went over target LEDS $50 TARGET PRICE To easy

LEDS ran over $30.00 this AM with ease. I like the consolidation in between each leg up. When we had that pullback below $10.00 I loved reloading and loving the multi legs up since with some small pullbacks. I hope everyone has enjoyed how easy it has been to make $$$ here.

WEEEEEEE LEDS $

WOOHOOOOOO L E D S $. 8 )-‘

LEDS$ $30 TARGET PRICE TODAY WOOHOOOOOOOOO

* * $LEDS Video Chart 06-04-2021 * *

Link to Video - click here to watch the technical chart video

dino, A price target > 30.00

* * $LEDS Video Chart 06-03-2021 * *

Link to Video - click here to watch the technical chart video

LEDS ringing the register.....

Watching micro float CLWT, an esg play.

Boom!

* * $LEDS Video Chart 05-28-2021 * *

Link to Video - click here to watch the technical chart video

And Friday delivers.....

...favorable results.

$ LEDS

Party time.....

* * $LEDS Video Chart 05-25-2021 * *

Link to Video - click here to watch the technical chart video

* * $LEDS Video Chart 05-14-2021 * *

Link to Video - click here to watch the technical chart video

Boom!!!!!

Movin back up.

* * $LEDS Video Chart 05-06-2021 * *

Link to Video - click here to watch the technical chart video

missed some form 4's and SC13d's...
The shares issued were (a) debt conversion and (b) a PIPE both at $3 to maintain NASDAQ requirements

3,772,990 issued and 466,667 future conversion shares outstanding
$100K invested at $3 by Feng Shuang Zhu
$400K converted by Simplot ($1.2M remaining)
$300K converted by Trung Doan, CEO ($200K remaining)

Float is 2.15M and it has been under slow and steady accumulation all year. Normally if you saw a spike in price and volume there would be a newsletter promo and an increase in chatter. There is nothing. Every so often (2-4 days) someone grabs several hundred thousand shares up to the mid $3's.

Notably large days were 5/20 (a few days before the investments, above) with 8.49M (4M in a single hour) and 6/22 with 1.5M (almost 1M in an hour) and 8 days in between with better than 250K in an hour. They have been a buyer to at least the low to mid $3's and either they or coattail momo's are buying up to $3.70.

There has been no volume on the sell-offs.

Someone knows something. Some of is could be covid/UVC stories, but there would be similar volume up and down. I believe the company is approaching a binary event, probably on or around the July 8th expected filing.

turned into a net profit this Q