Macroblock anticipates LED lighting demands to grow, especially in the residential replacement lighting sector, said Chairman LC Yang at the company’s latest investor conference held on May 14, 2014. The company reported revenue of NT $457 million (US $15.1 million) for the first quarter of fiscal 2014. 

Orion Energy Systems, Inc. announced financial results for its fiscal 2014 fourth quarter and year ended March 31, 2014. Total revenue for fiscal 2014 was US $88.6 million, compared to US $86.1 million in fiscal 2013. Total revenue for the fiscal 2014 fourth quarter declined to US $12.6 million, from US $22.3 million in the prior-year period, largely as a result of delayed lighting sales coupled with a decline in the number of solar projects under construction as Orion deemphasizes its non-core solar business.

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”), a leading provider of advanced LED lighting solutions, today announced financial results for the first quarter of 2014, ended March 31, 2014.

Universal Display Corporation reported financial results for the first quarter ended March 31, 2014. For the first quarter of 2014, the Company reported net income of US $4.0 million, or US $0.09 per diluted share, on revenues of US $37.8 million. For the first quarter of 2013, the Company reported a net loss of US $4.8 million, or US $(0.10) per diluted share, on revenues of US $15.0 million.

April has been a good month for LED manufacturers this year, as companies benefit from strong market demand, according to Economic Daily News report. Manufacturers including Epistar, Edison Opto, and Unity Opto have all seen record high performances in April. Industry insiders anticipate the positive revenue performance will continue into May.  

Epistar released first fiscal quarter results for this year on May 7, 2014. The company noted a net operating profit of NT $319 million (US $10.6 million) and profit margin of 15.23 percent. However, impact from two financial evaluations that recognized losses of NT $1.32 billion resulted in Epistar after tax deficit of NT $841 million and EPS of negative NT $0.91. 

Rubicon Technology, Inc., a provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its first quarter ended March 31, 2014.

Leyard announced first quarter 2014 financial results on April 23, 2014. Operating revenue grew 28.43 percent YoY to NT$ 142 million (US$4.7 million). Net income attributed to shareholders was NT$10 million, up 29 percent YoY. EPS increased 16.67 percent YoY to NT$ 0.07. 

San’an Optoelectronics (San’an Opto) released their first quarter fiscal 2014 financial results on April 21, 2014. Production capacity expansion to their LED subsidiaries as well as increased production sales volume boosted operating revenue by 30.7 percent. Government subsidies received in 1Q14 increased non-operating revenue 130 percent YoY.

Forepi has shaken off the financial troubles the company experienced in 4Q13. The Taiwanese LED epitaxial manufacturer benefited from strong large-size backlight demands. Consolidated revenue for 1Q14 hit NT $941 million (US $), up 9.85 percent QoQ and 0.35 percent YoY. March experienced staggering growth of 42.73 percent from February with revenue reaching 386 million, but dipped 3.67 percent from last year.

Lite-On Technology announced its March 2014 consolidated revenues. Rising demand for LED lighting boosted the company’s revenue for LED components and lighting products, which saw a growth of around 20 percent from February. 

Unity Opto March consolidated revenue grew 25 percent from February on the back of increased lighting and backlighting demands. Working days returning to normal in March allowed the Taiwanese LED package manufacturer to meet client order deadlines after Chinese New Year. The company’s indoor bulb order volume remains high.

Affected by the global economic downturn, there has been rising cases of city bankruptcies, which has led to city management increasing value of sustainable development. Among cities public lighting expenditures, outdoor lighting construction and maintenance costs have gradually increased over the years. City managers are also focusing their attention to making suitable living environment on limited budgets with low investment and maintenance costs.

Although 4Q is traditionally a low season for the LED industry, Taiwanese LED package manufacturer Everlight has benefitted from rising lighting demand. Europe and U.S. Christmas holiday sales opportunities will increase lighting industry performance, said Everlight chairman Yeh Yin-fu.