SemiLEDs (NASDAQ:LEDS) Issues Earnings Results

SemiLEDs (NASDAQ:LEDS) announced its quarterly earnings data on Thursday. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. SemiLEDs had a negative net margin of 41.41% and a negative return on equity of 81.97%.

SemiLEDs Trading Up 7.5 %

Shares of NASDAQ:LEDS opened at $2.14 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.25 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $15.43 million, a PE ratio of -6.48 and a beta of 0.96. The business has a 50 day moving average of $1.89 and a two-hundred day moving average of $1.52. SemiLEDs has a 12-month low of $0.92 and a 12-month high of $2.94.

Analyst Ratings Changes

Separately, StockNews.com began coverage on SemiLEDs in a report on Friday, April 4th. They issued a “sell” rating for the company.

SemiLEDs Company Profile

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packs and sells its LED chips.