SemiLEDs Corporation provided earnings guidance for the first quarter of fiscal 2014. The company expects revenues to be approximately $3.5 million, plus or minus 10% and GAAP gross margin to continue to be negative for the quarter as the company will not fully utilize production capacity. GAAP net loss attributable to the company's stockholders for the first quarter is expected to be approximately $7.5 million.

GAAP EPS is expected to be approximately negative $0.27 per diluted share.