secwatch.observer — SEC 8-K summary
======================================

Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2023-01-03T23:59:59+00:00
Accession:  0000950170-23-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000095017023000008/0000950170-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000095017023000008/leds-20230103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer