---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-032134"
form_type: "8-K"
ticker: "LEDS"
cik: "0001333822"
company_name: "SemiLEDs Corp"
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T10:56:13.986530+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs Q3 FY2023 revenue up QoQ to $1.7M but net loss widens to $756K

## Summary
- Revenue $1.7M vs $1.2M QoQ; GAAP net loss $756K ($0.15 loss per share) vs $541K ($0.11) prior quarter.
- GAAP gross margin dropped to 14% from 23% QoQ; operating margin improved to -58% from -61%.
- Cash and equivalents fell to $3.0M from $3.9M at end of Q2 FY2023.
- Q4 FY2023 revenue guided to approximately $1.4M +/- 10%, below Q3 actual revenue.

## SEC filing metadata
- accession: 0000950170-23-032134
- form_type: 8-K
- ticker: LEDS
- cik: 0001333822
- company_name: SemiLEDs Corp
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1333822/000095017023032134/0000950170-23-032134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/leds-20230707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-032134
- JSON: https://secwatch.observer/filing/0000950170-23-032134.json
- Plain text: https://secwatch.observer/filing/0000950170-23-032134.txt

## Key facts
- Earnings Releases
  SemiLEDs Corp reported the third quarter of fiscal year 2023, ended May 31, 2023 results: revenue $1.7 million, net income $756 thousand, EPS $(0.15) per diluted share. Guidance initiated.
  - Period: the third quarter of fiscal year 2023, ended May 31, 2023
  - Revenue: $1.7 million
  - Net income: $756 thousand
  - EPS: $(0.15) per diluted share
  - Guidance: initiated
  - Result: preliminary results
  source text: Revenue for the third quarter of fiscal 2023 increased to $1.7 million, compared to $1.2 million in the second quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the third quarter of fiscal 2023 increased to $756 thousand, or $(0.15) per diluted share, compared to a net loss of $541 thousand, or $(0.11) per diluted share, in the second quarter of fiscal 2023. GAAP gross margin for the third quarter of fiscal 2023 decreased to 14%, compared to 23% for the second quarter of fiscal 2023. Operating margin for the third quarter of fiscal 2023 increased to negative 58%, compared with negative 61% for the second quarter of fiscal 2023. The Company’s cash and cash equivalents were $3.0 million at May 31, 2023, compared to $3.9 million at the end of the second quarter of fiscal 2023. We expect revenue for the fourth quarter ending August 31, 2023 to be approximately $1.4 million +/- 10%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/0000950170-23-032134-index.htm

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