Diodes Incorporated Reports Second Quarter 2020 Financial Results
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Diodes (DIOD) Tops Q2 EPS by 3c
August 6, 2020 4:13 PM EDTDiodes (NASDAQ: DIOD) reported Q2 EPS of $0.54, $0.03 better than the analyst estimate of $0.51. Revenue for the quarter came in at $288.7 million versus the consensus estimate of $284.09 million.
Commenting on the results, Dr. Keh-Shew Lu, Chairman, President and Chief Executive Officer, stated, Second quarter revenue was better than expected and increased 2.8% sequentially driven by market share gains across all key product groups due to improving demand and design win momentum. Additionally, our quarter benefitted from strong sequential and year-over-year... More
