On a non-GAAP basis, net loss attributable to SemiLEDs stockholders for fiscal 2012 was $37.8 million, or a net loss of $1.38 per diluted share, compared to non-GAAP net loss attributable to SemiLEDs stockholders of $14.3 million, or a net loss of $0.79 per diluted share, for fiscal 2011.GAAP gross margin for the fourth quarter of fiscal 2012 was negative 55%, compared with GAAP gross margin for the fourth quarter of fiscal 2011 of negative 93%. Operating margin for the fourth quarter of fiscal 2012 was negative 296%, compared with negative 228% in the fourth quarter of fiscal 2011. Margins for the fourth quarter of fiscal 2012 were negatively impacted by reduction in revenues, an impairment charge on the Company’s long-lived assets of $7.5 million and a charge to bad debt expense of $1.4 million on accounts and notes receivable from China SemiLEDs.
SemiLEDs Reports Fourth Quarter And Fiscal Year End 2012 Financial Results
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