Diodes (DIOD) Tops Q1 EPS by 19c

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Go back to Diodes (DIOD) Tops Q1 EPS by 19c

Diodes Incorporated Reports Record First Quarter Fiscal 2022 Financial Results

May 4, 2022 4:05 PM EDT

Achieves Record Revenue for 6th Consecutive Quarter and Record Gross Margin of 40.8%, Driving Record Profits from Operations and EPS

PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today reported its financial results for the first quarter ended March 31, 2022.

First Quarter Highlights

Announced the proposed acquisition of the onsemi wafer fabrication facility, which is expected to close in late second quarter of 2022; Revenue was a record $482.1 million, increasing 16.7 percent from $413.1 million in the first quarter 2021 and 0.4 percent from $480.2 million in the fourth quarter... More