Diodes (DIOD) Tops Q3 EPS by 3c
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Diodes Incorporated Reports Third Quarter 2020 Financial Results
November 9, 2020 4:05 PM ESTRevenue Exceeds Expectations, Increasing 7.2% Sequentially Driven by Record Revenue in Automotive, Computing and Consumer End Markets
PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Nasdaq: DIOD) today reported its financial results for the third quarter ended September 30, 2020.
Third Quarter Highlights
Revenue was $309.5 million, an increase of 7.2 percent compared to $288.7 million in the second quarter 2020; Gross profit was $111.1 million, an increase of 9.5 percent compared to $101.5 million in the second quarter 2020; Gross profit margin increased 70 basis points to 35.9 percent from 35.2 percent in the... More