---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012485"
form_type: "8-K"
ticker: "LEDS"
cik: "0001333822"
company_name: "SemiLEDs Corp"
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T02:57:25.869340+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs Q2 FY2023 revenue falls to $1.2M; net loss widens to $541K

## Summary
- Revenue $1.2M, down from $1.7M in Q1 FY2023; GAAP net loss $541K ($0.11/diluted share).
- GAAP gross margin declined to 23% from 27%; operating margin worsened to -61% from -39%.
- Cash and equivalents $3.9M at Feb. 28, 2023, down from $4.5M at end of prior quarter.
- Q3 FY2023 revenue guidance approximately $2.0M ± 10%.
- One-week production shutdown during Chinese New Year holiday contributed to results.

## SEC filing metadata
- accession: 0000950170-23-012485
- form_type: 8-K
- ticker: LEDS
- cik: 0001333822
- company_name: SemiLEDs Corp
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333822/000095017023012485/0000950170-23-012485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333822/000095017023012485/leds-20230412.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012485
- JSON: https://secwatch.observer/filing/0000950170-23-012485.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012485.txt

## Key facts
- Earnings Releases
  SemiLEDs Corp reported second quarter of fiscal year 2023 ended February 28, 2023 results: revenue $1.2 million, net income $541 thousand, EPS $(0.11) per diluted share.
  - Period: second quarter of fiscal year 2023 ended February 28, 2023
  - Revenue: $1.2 million
  - Net income: $541 thousand
  - EPS: $(0.11) per diluted share
  - Result: preliminary results
  source text: components, today announced its financial results for the second quarter of fiscal year 2023, ended February 28, 2023. Revenue for the second quarter of fiscal 2023 decreased to $1.2 million, compared to $1.7 million in the first quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2023 increased to $541
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333822/000095017023012485/0000950170-23-012485-index.htm

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