SemiLEDs Q4 net loss widens to $560K on flat revenue; FY2024 revenue down 13% YoY

SemiLEDs Corp

Q4 revenue $1.3M flat vs Q3; GAAP net loss $560K ($0.08/share) vs $319K loss prior quarter.
FY2024 revenue $5.2M, down 13% from $6.0M in FY2023; net loss improved to $2.0M ($0.32/share) from $2.7M.
Q4 gross margin dropped to 12% from 41% in Q3; operating margin worsened to negative 62%.
Cash and equivalents $1.7M at Aug 31, 2024, unchanged from Q3 but down from $2.6M a year ago.

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