Diodes Incorporated (NASDAQ:DIOD) is reporting third quarter earnings results on Monday 9th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.59 per share.
For the full year, analysts predict revenues of $ 1174.86 million, while looking forward to income of $ 2.15 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 294.88 million ~ $ 313.12 million
Click Here For More Historical Outlooks Of Diodes Incorporated
Previous Quarter Performance
Diodes Incorporated posted income for the second quarter of $ 0.54 per share, from the revenue of $ 288.67 million. The quarterly earnings down 29.87 percent while revenues reduced 10.35 percent compared with the same quarter last year.
According to street consensus, DIOD was expected to report 2Q20 income of $ 0.51 per share from revenue of $ 284.09 million. The bottom line results beat street analysts by $ 0.03 or 5.88 percent, at the same time, top line results outshined analysts by $ 4.58 million or 1.61 percent.
Stock Performance
On Friday, shares of Diodes Incorporated has traded high as $ 63.59 and has cracked $ 61.86 on the downward trend, reaching $ 62.93 with volume of 222.50 thousand shares.
According to the previous trading day, closing price of $ 62.93, representing a 100.00 % increase from the 52 week low of $ 31.51 and a 2.1 % decrease over the 52 week high of $ 64.37.
The company has a market capital of $ 3.26 billion and is part of the Technology sector and Semiconductors industry.
Conference Call
Diodes Incorporated will be hosting a conference call at 5:00 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.diodes.com
Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets in Asia, North America, and Europe. It primarily focuses on low pin count semiconductor devices with one or more active or passive components. The company offers discrete semiconductor products, such as performance Schottky rectifiers and diodes; Zener and performance Zener diodes, including tight tolerance and low operating current type; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and pre-biased transistors; MOSFETs; thyristor surge protection devices; and transient voltage suppressors.
