SemiLEDs (LEDS) Issues Earnings Results
SemiLEDs (NASDAQ:LEDS) announced its earnings results on Wednesday. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter, RTT News reports. SemiLEDs had a negative net margin of 44.40% and a negative return on equity of 39.66%.
Shares of SemiLEDs (LEDS) traded up $2.73 during midday trading on Wednesday, reaching $6.55. The company’s stock had a trading volume of 7,920,000 shares, compared to its average volume of 252,916. The stock has a market capitalization of $23.21, a price-to-earnings ratio of -5.65 and a beta of 2.63. The company has a current ratio of 1.08, a quick ratio of 0.68 and a debt-to-equity ratio of 0.31. SemiLEDs has a 52 week low of $1.61 and a 52 week high of $10.49.
SemiLEDs Corporation develops, manufactures and sells light emitting diode (LED) chips and LED components. The Company’s products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. Its LED chips may also be used in specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting.
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