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SemiLEDs Corporation Q1 Loss Rises

SemiLEDs Corporation (LEDS) revealed Loss for its first quarter that increased from last year

The company's bottom line totaled -$0.598 million, or -$0.12 per share. This compares with -$0.512 million, or -$0.11 per share, in last year's first quarter.

The company's revenue for the quarter fell 2.7% to $1.650 million from $1.695 million last year.

SemiLEDs Corporation earnings at a glance (GAAP) :

-Earnings (Q1): -$0.598 Mln. vs. -$0.512 Mln. last year.
-EPS (Q1): -$0.12 vs. -$0.11 last year.
-Revenue (Q1): $1.650 Mln vs. $1.695 Mln last year.

-Guidance:
Next quarter revenue guidance: ~$1.1 Mln +/- 10%

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