Diodes: 2Q Earnings Snapshot
PLANO, Texas (AP) _ Diodes Inc. (DIOD) on Tuesday reported second-quarter net income of $25.1 million.
On a per-share basis, the Plano, Texas-based company said it had profit of 49 cents. Earnings, adjusted for costs related to mergers and acquisitions and amortization costs, came to 58 cents per share.
The semiconductor components maker posted revenue of $304.1 million in the period.
For the current quarter ending in October, Diodes said it expects revenue in the range of $313 million to $329 million.
Diodes shares have climbed 31 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $37.67, an increase of 42 percent in the last 12 months.