Quarterly ResultJul 14, 2026, 06:07 AM
SemiLEDs Q3 Revenue $9.1M; Net Income $1.5M, EPS $0.18
AI Summary
SemiLEDs Corporation announced strong financial results for the third quarter of fiscal year 2026, reporting revenue of $9.1 million, a substantial increase from $1.1 million in the previous quarter. The company achieved a GAAP net income of $1.5 million, or $0.18 per diluted share, a significant turnaround from a net loss in Q2 FY2026. This improvement was largely driven by an increase in buy-sell purchase orders of equipment, with further orders anticipated in the upcoming quarter.
Key Highlights
- Q3 FY2026 revenue was $9.1 million, up from $1.1 million in Q2 FY2026.
- GAAP net income was $1.5 million, or $0.18 per diluted share, compared to a net loss of $0.603 million in Q2 FY2026.
- GAAP gross margin improved to 27% in Q3 FY2026 from 1% in Q2 FY2026.
- Operating margin was 16% in Q3 FY2026, a significant improvement from negative 79% in Q2 FY2026.
- Cash and cash equivalents increased to $6.0 million at May 31, 2026, from $4.0 million at the end of Q2 FY2026.
- Revenue increase was primarily due to an increase in buy-sell purchase orders of equipment.
- The company anticipates more buy-sell purchase orders in the fourth quarter of fiscal year 2026.
Price Impact
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