Diodes Inc Stock Price, News & Analysis

Diodes reported a record revenue of $482.1 million for Q1 2022, marking a 16.7% increase year-over-year. The company achieved a GAAP gross profit of $196.7 million, with a gross margin of 40.8%, up 720 basis points from last year. Net income reached $72.7 million, or $1.59 per share, reflecting an 82.8% improvement year-over-year. Diodes plans to acquire an onsemi wafer fabrication facility, enhancing future growth. The company anticipates revenue around $500 million in Q2 2022.

Diodes Incorporated (Nasdaq: DIOD) has launched a new series of high-current Schottky rectifiers in ultra-compact chip scale packages (CSPs). The new products include the DIODES™ SDM5U45EP3 (5A, 45V), DIODES™ SDM4A40EP3 (4A, 40V), and DIODES™ SDT4U40EP3 (4A, 40V). Notably, the SDT4U40EP3 is the smallest of its kind, taking 90% less PCB area and achieving the highest current density in its class at 800A/cm². These devices support various applications, including IoT hardware and mobile devices.

Diodes Incorporated (Nasdaq: DIOD) will host a conference call on May 4, 2022, at 4:00 p.m. CT to discuss its Q1 2022 financial results. Participants include CEO Keh-Shew Lu and CFO Brett Whitmire. The financial results announcement will precede the call at 3:05 p.m. CT. The call can be accessed via a dial-in number or streamed online. A replay will be available for two weeks after the call. Diodes Incorporated provides semiconductor products for various markets, including consumer electronics and automotive.

Diodes Incorporated (NASDAQ: DIOD) has launched a new series of low drop-out (LDO) voltage regulators, the AP7387. These devices are designed for use in various applications, including household appliances, and operate within an input voltage range of 5V to 60V. They feature a low quiescent current of 2µA, enhancing battery life. The AP7387 regulators provide a high power supply rejection ratio of 70dB and are available at $0.26 per unit in bulk. The series includes multiple output voltage options and incorporates safety features for improved robustness.

Diodes Incorporated (NASDAQ: DIOD) has entered a definitive agreement to acquire onsemi's South Portland wafer fabrication facility in Maine, enhancing its analog product capacity. This addition will bolster Diodes' manufacturing operations in the automotive and industrial markets, supporting growth initiatives amid increasing customer demand. The transaction is anticipated to close in Q2 2022, pending customary conditions. This strategic move aims to improve operational flexibility and strengthen Diodes' competitive advantage in a supply-constrained environment.

Diodes Incorporated (NASDAQ: DIOD) has introduced new automotive-compliant synchronous buck converters, the AP6320xQ and AP6330xQ, with 2A and 3A current ratings. These devices support input voltages from 3.8V to 32V and are ideal for automotive applications such as powertrains and infotainment systems. Key features include high-efficiency step-down DC-DC conversion, reduced EMI, and a quiescent current of 22μA. The converters are available in compact TSOT26 packages, with an operational temperature range of -40°C to +125°C, priced at $0.40 and $0.43 for 1000 piece quantities.

Diodes Incorporated (NASDAQ: DIOD) has announced its participation in two upcoming financial conferences. The Susquehanna Financial Group Technology Conference will take place on March 3, 2022, as a virtual event, while the Morgan Stanley Technology, Media & Telecom Conference is scheduled for March 8, 2022, at the Palace Hotel in San Francisco, CA. Analysts and portfolio managers interested in meeting Diodes management can contact their respective sales representatives.

Diodes Incorporated (Nasdaq: DIOD) has launched the DZDH0401DW, an ideal diode controller designed for reverse discharge protection in systems up to 40V. This compact solution enhances performance in cordless tools and smart appliances, while improving efficiency in high-power applications by reducing power dissipation compared to traditional diode solutions. The controller, MOSFET, and two resistors create a space-efficient design, and the device is available in a SOT363 package at a unit price of $0.106 in 1000 piece quantities.

Diodes Incorporated (DIOD) reported record financial results for the fourth quarter and fiscal year ended December 31, 2021. Fourth quarter revenue reached $480.2 million, up 37% year-over-year, while GAAP gross profit was $190.7 million, yielding a gross margin of 39.7%. Annual revenue totaled $1.81 billion, representing a 46.9% increase, with GAAP EPS at $5.00, a 166% improvement. The company anticipates first-quarter 2022 revenue of approximately $480 million, plus or minus 3%, suggesting resilience against typical seasonal declines.