SemiLEDs Corporation announced unaudited consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, the company reported revenue, net of USD 972,000 against USD 1,950,000 for the same period a year ago. Loss from operations was USD 1,022,000 against USD 1,218,000 for the same period a year ago. Loss before income taxes was USD 983,000 against USD 1,131,000 for the same period a year ago. Net loss was USD 983,000 against USD 1,131,000 for the same period a year ago. Basic and diluted loss per share was USD 0.27 against USD 0.32 for the same period a year ago.

The company expects revenue for the second quarter ending February 28, 2019 to be about USD 1.5 million +/- 10%.