---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000008"
form_type: "8-K"
ticker: "LEDS"
cik: "0001333822"
company_name: "SemiLEDs Corp"
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:48:03.427500+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs Q1 FY23 revenue $1.7M; net loss narrows to $512K from $1.1M QoQ

## Summary
- Revenue $1.7M vs $1.6M Q4 FY22; GAAP net loss $512K ($0.11/diluted share) vs loss $1.1M ($0.25).
- GAAP gross margin improved to 27% from 21%; operating margin negative 39% vs negative 66%.
- Cash and equivalents $4.5M at Nov 30, 2022, up from $4.3M at end of FY2022.
- No Q2 FY23 revenue guidance provided due to COVID uncertainty; CNY closure Jan 20-29, 2023.

## SEC filing metadata
- accession: 0000950170-23-000008
- form_type: 8-K
- ticker: LEDS
- cik: 0001333822
- company_name: SemiLEDs Corp
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333822/000095017023000008/0000950170-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333822/000095017023000008/leds-20230103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000008
- JSON: https://secwatch.observer/filing/0000950170-23-000008.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000008.txt

## Key facts
- Earnings Releases
  SemiLEDs Corp reported the first quarter of fiscal year 2023, ended November 30, 2022 results: revenue $1.7 million, net income $512 thousand, EPS $0.11 per diluted share.
  - Period: the first quarter of fiscal year 2023, ended November 30, 2022
  - Revenue: $1.7 million
  - Net income: $512 thousand
  - EPS: $0.11 per diluted share
  - Result: preliminary results
  source text: Revenue for the first quarter of fiscal 2023 was $1.7 million, compared to $1.6 million in the fourth quarter of fiscal 2022. GAAP net loss attributable to SemiLEDs stockholders for the first quarter of fiscal 2023 was $512 thousand, compared to a loss of $1.1 million in the fourth quarter of fiscal 2022, or a net loss of $0.11 per diluted share, compared to a net loss of $0.25 per diluted share for the fourth quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333822/000095017023000008/0000950170-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.