HSINCHU, Taiwan, June 26, 2019 – Shares of SemiLEDs Corporation (NASDAQ: LEDS) showed the bearish trend with a lower momentum of -5.08% to $2.99. The company traded total volume of 11.819K shares as contrast to its average volume of 94.66K shares. The company has a market value of $10.55M and about 3.53M shares outstanding.
SemiLEDs Corporation (LEDS), a developer and manufacturer of LED chips and LED components, recently reported that revenue for the second quarter of fiscal 2019 was $1.60M, a 68% increase contrast to $972.0K in the first quarter of fiscal 2019. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2019 was $847.0K, contrast to a loss of $978.0K in the first quarter of fiscal 2019, or a net loss of $0.24 per diluted share, contrast to a net loss of $0.27 per diluted share for the first quarter of fiscal 2019. In the second quarter, we shut down our manufacturing production for two weeks because of the Chinese New Year holiday.
The Company offered net profit margin of -50.10% while its gross profit margin was -4.00%. ROE was recorded as -70.20% while beta factor was 2.67. The stock, as of recent close, has shown the weekly downbeat performance of -1.64% which was maintained at 10.74% in this year.