Recap: Diodes Q1 Earnings

Diodes (NASDAQ:DIOD) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM. Here’s what investors…

Diodes (NASDAQ:DIOD) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Diodes beat estimated earnings by 6.0%, reporting an EPS of $1.59 versus an estimate of $1.5.

Revenue was down $14.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 4.12% increase in the share price the next day.

Here’s a look at Diodes’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.61 1.88 1.74 1.56
EPS Actual 1.73 2 1.90 1.75
Revenue Estimate 492.68M 521.86M 500.36M 480.38M
Revenue Actual 496.21M 521.27M 500.97M 482.12M

To track all earnings releases for Diodes visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Seanergy Maritime Is Optimistic About The Future; United Maritime Posts Profit Surge for 3Q23, Both Companies Extend Shareholder Rewards; Seanergy Maritime Q3 Revenue $24.5M; United Maritime Reports A 210% Increase Revenues For First 9-Month; EPS $1.03

In the third quarter, Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) faced challenges, reporting Net Revenues of $24.5 million and an Adjusted Net Loss of $2.6 million, primarily due to the underperformance of the dry

SHIP