SemiLEDs Reports Q4 Revenue Decline, Lower Margins, and Negative Altman Z-Score

SemiLEDs Corp reported a 25% decline in revenue to $13.2 million in Q4, with a GAAP gross margin of 2%, down from 5% in the previous quarter. The company operates in the growing semiconductor industry, focusing on LED technology, but its financial health indicators suggest potential distress, including a negative Altman Z-Score and lower valuation metrics.