SemiLEDs Q4 net loss $1.8M, revenue flat at $1.4M; FY2021 sales decline 23%

SemiLEDs Corp

Q4 revenue $1.4M (flat QoQ); GAAP net loss $1.8M ($0.42 loss per share) vs $64K loss in Q3.
GAAP gross margin fell to 11% from 46% QoQ; operating margin negative 135%.
FY2021 revenue $4.7M (down 23% YoY); net loss $2.9M ($0.68 per share) vs $544K loss in FY2020.
Cash $4.8M at Aug 31, 2021 (up from $1.7M QoQ); unable to provide Q1 2022 revenue forecast due to COVID uncertainty.

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