Diodes (DIOD) Tops Q1 EPS by 14c
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Diodes Incorporated Reports First Quarter 2021 Financial Results
May 6, 2021 4:05 PM EDTRecord Revenue of $413 Million Exceeds High-End of Guidance, Resulting in Record Gross Profit and Adjusted EPS
PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Nasdaq: DIOD) today reported its financial results for the first quarter ended March 31, 2021.
First Quarter Highlights
Revenue was a record $413.1 million, which included the first full quarter of revenue from the LITE-ON Semiconductor Corporation (LSC) acquisition, increasing 18 percent from $350.4 million in the fourth quarter 2020 and 47 percent from $280.7 million in the first quarter 2020; GAAP gross profit was a record $138.6 million,... More