SemiLEDs Co. (NASDAQ:LEDS) announced its quarterly earnings results on Wednesday. The semiconductor company reported ($0.32) earnings per share (EPS) for the quarter. SemiLEDs had a negative return on equity of 51.40% and a negative net margin of 188.82%. The firm earned $1.83 million during the quarter.
Shares of SemiLEDs (NASDAQ:LEDS) traded up 0.70% during midday trading on Friday, hitting $2.89. 8,883 shares of the stock were exchanged. The stock’s market cap is $10.17 million. SemiLEDs has a 52-week low of $1.36 and a 52-week high of $11.35. The firm’s 50 day moving average price is $3.10 and its 200-day moving average price is $3.78.
SemiLEDs Corporation develops, manufactures and sells light emitting diode (LED) chips and LED components. The Company’s products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. Its LED chips may also be used in specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting.
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