secwatch.observer — SEC 8-K summary
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Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0000950170-23-032134
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/0000950170-23-032134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/leds-20230707.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-032134

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