Diodes (DIOD) Tops Q2 EPS by 16c

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Diodes Incorporated Reports Record Second Quarter Fiscal 2022 Financial Results

August 4, 2022 4:05 PM EDT

Achieves 6th Consecutive Quarter of Record Revenue, Gross Profit and Earnings

PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today reported its financial results for the second quarter ended June 30, 2022.

Second Quarter Highlights

Successfully closed the acquisition of the onsemi wafer fabrication facility on June 3, 2022; Revenue was a record $501.0 million, increasing 13.7 percent from $440.4 million in the second quarter 2021 and 3.9 percent from $482.1 million in the first quarter 2022; GAAP gross profit was a record $206.5 million, increasing 29.2 percent from $159.8... More