Diodes, Inc. (DIOD) Reports In-Line Q3 EPS, Guides Q4 Revs

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Needham & Company Downgrades Diodes (DIOD) to Hold Posts Q3

November 9, 2012 8:11 AM EST

Needham & Company downgraded Diodes (NASDAQ: DIOD) from Buy to Hold following in-line Q3 and mixed Q4 guidance.

The firm comments, "DIOD results were in line with consensus, highlighted by Q/Q increases in revenue, gross margin and EPS. The Q4 revenue guide was relatively better than its peers and in line with... More