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Diodes Inc. (DIOD) announced earnings for its third quarter that increased from the same period last year.


RTTNews | Nov 3, 2021 05:21PM EDT

17:20 Wednesday, November 3, 2021 (RTTNews.com) - Diodes Inc. (DIOD) announced earnings for its third quarter that increased from the same period last year.

The company's bottom line totaled $68.4 million, or $1.50 per share. This compares with $27.2 million, or $0.51 per share, in last year's third quarter.

Analysts had expected the company to earn $1.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 52.3% to $471.4 million from $309.5 million last year.

Diodes Inc. earnings at a glance:

-Earnings (Q3): $68.4 Mln. vs. $27.2 Mln. last year.-EPS (Q3): $1.50 vs. $0.51 last year.-Analysts Estimate: $1.39-Revenue (Q3): $471.4 Mln vs. $309.5 Mln last year.

-Guidance:Full year revenue guidance: $476 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3239112/diodes-inc-bottom-line-advances-in-q3-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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