secwatch.observer — SEC 8-K summary
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Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2024-11-27T23:59:59+00:00
Accession:  0000950170-24-131244
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000095017024131244/0000950170-24-131244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000095017024131244/leds-20241127.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-131244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer