Diodes (DIOD) Tops Q2 EPS by 3c

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Diodes Incorporated Reports Second Quarter 2020 Financial Results

August 6, 2020 4:05 PM EDT

Revenue Increases Sequentially Driven by Market Share Gains Across All Key Product Groups, Including Strong Growth from the Pericom Products

PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Nasdaq: DIOD) today reported its financial results for the second quarter ended June 30, 2020.

Second Quarter Highlights

Revenue was $288.7 million, an increase of 2.8 percent compared to $280.7 million in the first quarter 2020; Gross profit was $101.5 million, an increase of 5.9 percent compared to $95.8 million in the first quarter 2020; Gross profit margin increased 110 basis points to 35.2 percent from... More