Diodes (DIOD) Tops Q4 EPS by 8c

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Baird Remains Bullish on Diodes (DIOD); Sees Gross Margin Recovery on Horizon

February 17, 2016 2:20 PM EST

Baird maintained an Outperform rating on Diodes (NASDAQ: DIOD), and cut the price target to $25.00 (from $28.00), following the company's 4Q earnings report. Diodes reported 4Q PF EPS of $0.14, well above consensus estimates of $0.06. Revenue was reported at $214.4 million, which came in above the... More