Quarterly ResultJul 14, 2026, 06:11 AM
SemiLEDs Q3 Net Income $1.52M; EPS $0.18
AI Summary
SemiLEDs Corp reported a significant increase in net income for the third quarter ended May 31, 2026, reaching $1.52 million, or $0.18 per share, despite a decrease in net revenues to $9.07 million. Gross profit also saw a substantial improvement. For the nine months ended May 31, 2026, the company generated $3.76 million in net cash from operating activities and increased its cash and cash equivalents to $5.98 million. The company continues to face a going concern warning but has outlined a liquidity plan.
Key Highlights
- Q3 2026 net income was $1.52 million, up from $0.22 million in Q3 2025.
- Q3 2026 basic and diluted EPS was $0.18, compared to $0.03 in Q3 2025.
- Q3 2026 net revenues decreased to $9.07 million from $17.65 million in Q3 2025.
- Gross profit for Q3 2026 increased to $2.46 million from $0.94 million in Q3 2025.
- Net cash provided by operating activities for nine months was $3.76 million, up from $1.94 million.
- Cash and cash equivalents increased to $5.98 million as of May 31, 2026, from $2.59 million.
- Revenues from top ten customers represented 99% of total net revenues for Q3 2026.
- Revenues from buy-sell purchase orders of equipment were 68% of nine-month revenues.
Price Impact
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