SemiLEDs Q3 Net Profit Drops, Revenue Increases

SemiLEDs Corporation (LEDS) reported a sequential decline in third-quarter earnings, with a net income of $223 thousand or $0.03 per share compared to $388 thousand or $0.05 per share in the previous quarter. However, revenue saw an increase to $17.7 million from $10.9 million in the second quarter.

Read more at Nasdaq.: SemiLEDs Q3 Net Profit Drops Sequentially