SemiLEDs Swings to Profit as Revenue Jumps 8x to $9.1M
LEDS sits 50% above its 52-week low of $1.01 on light trading volume (0.2× avg).
Summary
SemiLEDs reported a dramatic sequential turnaround in Q3 FY2026, with revenue surging to $9.1 million from $1.1 million in the prior quarter, driven by a spike in buy-sell equipment orders. The company swung to a net profit of $1.5 million, or $0.18 per share, from a loss of $603,000, while gross margin expanded to 27% from 1%. Cash reserves grew to $6.0 million from $4.0 million, providing some breathing room after the going-concern warning and Nasdaq non-compliance flagged in the last 10-Q. Management expects more buy-sell orders in Q4, suggesting the revenue boost may continue. The results mark a sharp reversal from the near-collapse reported just three months ago, though the reliance on low-margin equipment reselling raises questions about sustainability.
At the time of this announcement, LEDS was trading at $1.52 on NASDAQ in the Technology sector, with a market capitalization of approximately $12.6M. The 52-week trading range was $1.01 to $3.37. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.