SemiLEDs Q3 revenue up 47% QoQ to $1.3M, net loss narrows; engages Roth for strategic alternatives

SemiLEDs Corp

2024-Q3 EPS reported -$0.25 revenue$3,859,000

Revenue $1.3M vs $886k Q2; GAAP net loss $319k ($0.06 per share) vs $559k loss Q2.
Gross margin 41% vs 13% QoQ; operating margin -36% vs -94%.
Cash and equivalents $1.7M; Q4 revenue guidance ~$1.0M +/-10%.
Engaged Roth Capital Partners as financial advisor to explore strategic alternatives.
Appointed Dr. Chris Chang Yu as independent director and to Audit Committee.

item 1.01 item 2.02 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Dr. Chris Chang Yu

director

LEDS · SemiLEDs Corp

Effective: 2024-07-03
Filed: July 8, 2024, 7:59 PM ET

On July 3, 2024, the Company’s Board of Directors (the “Board”) appointed Dr. Chris Chang Yu as a director of the Company effective immediately

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Chris Chang Yu was appointed as director at SemiLEDs Corp.

Action: appointed
Role: director

Exact text from the filing

On July 3, 2024, the Company’s Board of Directors (the “Board”) appointed Dr. Chris Chang Yu as a director of the Company effective immediately

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SemiLEDs Corp filing history →

Source: SEC EDGAR

accession 0000950170-24-081935

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