NuAxiSemiconductor trade intelligence
SemiLEDs’ quarterly revenue rebounds to $1.65m
What happened
SemiLEDs reported Q1 FY2024 revenue of $1.65 million, a sequential rebound from $1.45 million but slightly down year-over-year from $1.70 million. The company's financial performance indicates a stabilization in its niche LED chip business, though at a low revenue base. Neutral: This minor quarterly rebound for a small player provides no clear directional signal for broader LED component pricing or supply.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
LED Chips
SemiLEDs Corp
earningsrevenue
Source and time
Source: Semiconductor Today · 1/16/2024 · View original source
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