Diodes (NASDAQ: DIOD) reported Q3 EPS of $0.68, $0.05 better than the analyst estimate of $0.63. Revenue for the quarter came in at $320.9 million versus the consensus estimate of $321.48 million.

GUIDANCE:

Dr. Lu concluded, “We expect revenue in the fourth quarter of 2018 to be approximately $315 million, plus or minus 3 percent. At the mid-point, this represents growth of 17.3 percent over the prior year period and down 1.9 percent sequentially, which is better than typical seasonality. We expect GAAP gross margin to be 36.0 percent, plus or minus 1 percent. Non-GAAP operating expenses, which are GAAP operating expenses adjusted for amortization of acquisition-related intangible assets, are expected to be approximately 21.0 percent of revenue, plus or minus 1 percent. We expect net interest expense to be approximately $2.0 million. Our income tax rate is expected to be 29.5 percent, plus or minus 3 percent, and shares used to calculate diluted EPS for the fourth quarter are anticipated to be approximately 52.2 million.”

For earnings history and earnings-related data on Diodes (DIOD) click here.