SemiLEDs Q1 2026 Revenue Falls QoQ, Doubles YoY

SemiLEDs Corp reported Q1 2026 revenue of $2.6m, down from $13.2m last quarter but double the $1.261m from a year ago. Gross margin fell to 1%, while operating expenses were cut to $1.03m. Operating loss rose slightly to $1.011m, but net loss was reduced to $742,000. Cash and cash equivalents rose to $2.9m.