SemiLEDs Q3 EPS $(0.15) Up From $(0.20) YoY, Sales $1.68M Down From $1.78M YoY
Portfolio Pulse from Benzinga Newsdesk
SemiLEDs reported Q3 losses of $(0.15) per share, a 25% improvement from $(0.20) per share YoY. However, sales decreased by 5.89% to $1.68 million from $1.78 million YoY.
July 07, 2023 | 10:02 am
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NEUTRAL IMPACT
SemiLEDs reported a YoY improvement in EPS losses but a decrease in sales. This mixed result could lead to uncertain market reactions.
SemiLEDs reported a YoY improvement in EPS losses, which is a positive signal for investors. However, the decrease in sales could be a concern, potentially offsetting the positive EPS news. The mixed results could lead to uncertain market reactions in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100