SemiLEDs Q3 2021: revenue $1.4M, net loss narrows to $64k from $255k QoQ

SemiLEDs Corp

2022-Q3 EPS reported -$0.25 revenue$3,364,000

Revenue rose to $1.4M from $1.2M in Q2 fiscal 2021; gross margin improved to 46% from 20%.
GAAP net loss attributable to SemiLEDs was $64k ($0.02 per diluted share) versus $255k ($0.06) prior quarter.
Cash and equivalents were $1.7M at May 31, 2021, down from $2.1M at end of Q2.
Operating margin was negative 41% versus negative 42% sequentially.
Company unable to provide Q4 FY2021 revenue guidance due to COVID-19 uncertainty.

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