SemiLEDs Q4 EPS $(0.18) Up From $(0.25) YoY, Sales $1.45M Down From $1.63M YoY
Portfolio Pulse from Benzinga Newsdesk
SemiLEDs (NASDAQ:LEDS) reported Q4 losses of $(0.18) per share, a 28% improvement from $(0.25) per share YoY. However, sales decreased by 10.64% to $1.45 million from $1.63 million YoY.
November 10, 2023 | 9:03 am
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SemiLEDs reported improved EPS losses but decreased sales in Q4. This mixed result may lead to uncertain market reactions.
SemiLEDs reported a 28% improvement in EPS losses, which is a positive sign. However, the 10.64% decrease in sales could be a concern for investors. The mixed results may lead to uncertain market reactions in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100