SemiLEDs Corporation announced unaudited consolidated earnings results for the first quarter ended November 30, 2012. Revenue for the first quarter of fiscal 2013 was $6.2 million, an 8% decrease compared to $6.7 million in the first quarter of fiscal 2012. GAAP net loss attributable to the company's stockholders for the first quarter of fiscal 2013 was $8.9 million, or a net loss of $0.32 per diluted share, compared to GAAP net loss attributable to SemiLEDs stockholders of $7.7 million, or a net loss of $0.28 per diluted share, for the first quarter of fiscal 2012.

Loss from operations was $8.17 million against $6.42 million a year ago. Loss before income taxes was $9.12 million against $7.83 million a year ago. On a non-GAAP basis, net loss attributable to the company's stockholders for the first quarter of fiscal 2013 was $8.6 million, or a net loss of $0.31 per diluted share, compared to non-GAAP net loss attributable to the company's stockholders of $7.1 million, or a net loss of $0.26 per diluted share, for the first quarter of fiscal 2012.

Cash used in operating activities was $3.3 million in the first quarter of fiscal 2013 against $3.46 million a year ago. Capital expenditures were $1.67 million against $5.81 million a year ago.