SemiLEDs Corporation (NASDAQ:LEDS) stock rose Wednesday following the company’s announcement of its first-quarter 2026 financial results.
Revenue Surges Year Over Year But Falls Sequentially
The company reported a wider year-over-year loss in its fiscal first quarter, while revenue rose sharply from the same period a year earlier but fell sequentially. The company posted a first-quarter loss of 9 cents per diluted share, compared with a loss of 8 cents per share in the same period last year. Revenue increased to $2.6 million from $1.26 million a year earlier.
On a sequential basis, revenue declined from $13.2 million in the fourth …