Published on 9 Jul 2021 on Simply Wall St. via Yahoo Finance

Introducing SemiLEDs (NASDAQ:LEDS), The Stock That Zoomed 270% In The Last Year

SemiLEDs Corporation (NASDAQ:LEDS) shareholders might be rather concerned because the share price has dropped 49% in the last month. But that doesn't detract from the splendid returns of the last year. Like an eagle, the share price soared 270% in that time. So we think most shareholders won't be too upset about the recent fall. The real question is whether the business is trending in the right direction.

Check out our latest analysis for SemiLEDs

Given that SemiLEDs didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.