---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-004102"
form_type: "8-K"
ticker: "LEDS"
cik: "0001333822"
company_name: "SemiLEDs Corp"
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-06T23:49:53.886679+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs Q1 FY2024 revenue $1.6M, net loss $598k; guides Q2 revenue ~$1.1M

## Summary
- Revenue increased to $1.6M from $1.5M QoQ; GAAP net loss narrowed to $598k ($0.12) from $881k ($0.18).
- GAAP gross margin improved to 15% from 3%; operating margin negative 50% vs negative 73%.
- Cash and cash equivalents $2.3M at Nov 30, 2023, down from $2.6M end of Q4.
- Expects Q2 FY2024 revenue approx $1.1M +/-10%; CNY closure Feb 3-18.

## SEC filing metadata
- accession: 0000950170-24-004102
- form_type: 8-K
- ticker: LEDS
- cik: 0001333822
- company_name: SemiLEDs Corp
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333822/000095017024004102/0000950170-24-004102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333822/000095017024004102/leds-20240112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-004102
- JSON: https://secwatch.observer/filing/0000950170-24-004102.json
- Plain text: https://secwatch.observer/filing/0000950170-24-004102.txt

## Key facts
- Earnings Releases
  SemiLEDs Corp reported the first quarter ended November 30, 2023 results: revenue $1.6 million, net income $598 thousand, EPS $(0.12) per diluted share. Guidance initiated.
  - Period: the first quarter ended November 30, 2023
  - Revenue: $1.6 million
  - Net income: $598 thousand
  - EPS: $(0.12) per diluted share
  - Guidance: initiated
  - Result: preliminary results
  source text: components, today announced its financial results for the first quarter of fiscal year 2024, ended November 30, 2023. Revenue for the first quarter of fiscal 2024 increased to $1.6 million, compared to $1.5 million in the fourth quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the first quarter of fiscal 2024 decreased to $598
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333822/000095017024004102/0000950170-24-004102-index.htm

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