---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-040657"
form_type: "8-K"
ticker: "LEDS"
cik: "0001333822"
company_name: "SemiLEDs Corp"
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:45:37.883645+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs Q2 FY2024 revenue $886K, net loss $559K; revenue down 45% QoQ

## Summary
- Revenue fell to $886K from $1.6M in Q1 FY2024; GAAP EPS loss $(0.11) vs. $(0.12) prior quarter.
- GAAP gross margin 13% (down from 15%); operating margin -94%.
- Cash and cash equivalents $1.6M at Feb 29, 2024, down from $2.3M at end of Q1.
- Q3 FY2024 revenue guidance approximately $1.0M ±10%.
- Company believes it now meets Nasdaq minimum equity requirement after prior deficiency notice and extension.

## SEC filing metadata
- accession: 0000950170-24-040657
- form_type: 8-K
- ticker: LEDS
- cik: 0001333822
- company_name: SemiLEDs Corp
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333822/000095017024040657/0000950170-24-040657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333822/000095017024040657/leds-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-040657
- JSON: https://secwatch.observer/filing/0000950170-24-040657.json
- Plain text: https://secwatch.observer/filing/0000950170-24-040657.txt

## Key facts
- Earnings Releases
  SemiLEDs Corp reported preliminary financial results for the second quarter of its fiscal year 2024, ended February 29, 2024.
  - Period: the second quarter of its fiscal year 2024, ended February 29, 2024
  - Result: preliminary results
  source text: On April 3, 2024, SemiLEDs Corporation issued a press release announcing its preliminary financial results for the second quarter of its fiscal year 2024, ended February 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333822/000095017024040657/0000950170-24-040657-index.htm

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