Diodes Inc Stock Price, News & Analysis

Diodes reported record first quarter revenues of $413.1 million, up 18% sequentially and 47% year-over-year. GAAP gross profit also reached a record $138.6 million, with a margin of 33.6%. Net income was $39.5 million, or $0.87 per diluted share, surpassing previous quarters. The company achieved $68.2 million in cash flow from operations and reduced debt by $37.4 million. Looking ahead, revenue for Q2 2021 is projected to reach $434 million, indicating continued growth.

Diodes Incorporated (Nasdaq: DIOD) has launched the 4-channel PI3WVR14412 mux/demux switch, supporting up to 20Gbps. The device offers a 35% performance increase compared to competitors, catering to mobile workstations, gaming consoles, and more. It maintains low signal attenuation and supports 4K and 8K video signals. Additionally, it features bidirectional communication and a wide voltage range, all within a compact 40-pin TQFN package, priced at $1.70 for 5000 pieces.

Diodes Incorporated (Nasdaq: DIOD) plans to host a conference call on May 6, 2021 at 4:00 p.m. Central Time to discuss its Q1 2021 financial results. Key executives, including CEO Dr. Keh-Shew Lu and CFO Brett Whitmire, will present. Results will be announced at 3:05 p.m. Central Time the same day. Investors can join the call at 1-855-232-8957 or +1-315-625-6979 for international calls. A replay will be available until May 13, 2021. The call will also be streamed live on the company's Investor Relations website.

Diodes Incorporated (Nasdaq: DIOD) has launched the PI4ULS3V304AQ, a new voltage-level shifter suitable for automotive applications. The device supports data rates up to 140Mbps and offers bi-directional voltage-level translation across varying power supply rails, ranging from 0.9V to 3.6V. With a propagation delay of just 13ns, it meets AEC-Q100 Grade 1 standards and features an operational temperature range of -40°C to 125°C. Priced at $0.55 in 5000 piece quantities, it is designed for use in infotainment, driver assistance, and telematics.

Diodes Incorporated (Nasdaq: DIOD) has launched the PI7C9X3G808GP, a PCIe® 3.0 packet switch designed for modern data centers and telecom infrastructure. It supports 8-lane operations and multiple configurations with packet forwarding latency under 150ns. Unique features include a low-power integrated clock buffer, error handling, and advanced power management, ensuring high reliability. The unit is priced at $20.13 for orders of 1000 pieces, and the switch operates efficiently at 2.9W under load.

Diodes Incorporated (Nasdaq: DIOD) appointed Angie Chen Button to its Board of Directors, effective April 1, 2021. Ms. Button, a CPA and former Texas Instruments finance and marketing manager, has extensive experience in the semiconductor sector and legislative background as a Texas House Representative. The Board now consists of eight directors, including two women. Dr. Keh-Shew Lu, CEO, expressed enthusiasm for her appointment, highlighting her experience and the company's commitment to board diversity, which aligns with Diodes' strategic growth objectives.

Diodes Incorporated (Nasdaq: DIOD) announced participation in the Loop Capital Markets Virtual Consumer, Industrials & TMT Conference on March 11, 2021. Key executives attending include Chief Financial Officer Brett Whitmire, Sr. VP of Worldwide Sales and Marketing Emily Yang, and Director of Investor Relations Laura Mehrl. They will engage in conference calls with investors throughout the day. Diodes is a leading provider of semiconductor products across multiple markets, leveraging their extensive portfolio and global operations to serve high-volume, high-growth sectors.

Diodes Incorporated (Nasdaq: DIOD) reported record fourth-quarter revenue of $350.4 million, marking a 13.2% sequential increase and a 10.7% year-over-year growth. This includes $16.9 million from the acquisition of Lite-On Semiconductor (LSC). GAAP net income stood at $29.7 million, or $0.59 per diluted share, down from $47.2 million in Q4 2019. Non-GAAP adjusted net income rose to $37.3 million, or $0.74 per diluted share. The company anticipates first-quarter 2021 revenue of approximately $400 million.

Diodes Incorporated (Nasdaq: DIOD) will conduct its fourth quarter and fiscal 2020 financial results conference call on February 16, 2021, at 4:00 p.m. CT. Key executives, including Dr. Keh-Shew Lu (CEO) and Brett Whitmire (CFO), will present. Financial results will be announced at 3:05 p.m. CT on the same day. Investors can join the call by dialing 1-855-232-8957 or via an online broadcast accessible through the Investor Relations section of the company's website. A replay will be available until February 23, 2021.