Benzinga | Aug 6, 2020 04:52PM EDT

Diodes Q2 Adj. EPS $0.54 Beats $0.50 Estimate, Sales $288.70M Beat $283.32M Estimate

Diodes (NASDAQ:DIOD) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.50 by 8 percent. This is a 29.87 percent decrease over earnings of $0.77 per share from the same period last year. The company reported quarterly sales of $288.70 million which beat the analyst consensus estimate of $283.32 million by 1.90 percent. This is a 10.34 percent decrease over sales of $322.01 million the same period last year.