SemiLEDs Corp. (NASDAQ:LEDS) rose 18.5% on Wednesday . The stock traded as high as $3.37 and last traded at $3.33, with a volume of 181,251 shares traded. The stock had previously closed at $2.81.

SemiLEDs Corp. (NASDAQ:LEDS) last issued its quarterly earnings data on Tuesday, April 12th. The company reported ($0.08) EPS for the quarter. The business had revenue of $2.90 million for the quarter.

SemiLEDs Corporation develops, manufactures and sells light emitting diode (LED) chips and LED components. The Company’s products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. Its LED chips are also used in specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting.

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