Recap: Diodes Q4 Earnings

Diodes (NASDAQ:DIOD) reported its Q4 earnings results on Tuesday, February 6, 2024 at 04:05 PM. Here’s what investors…

Diodes (NASDAQ:DIOD) reported its Q4 earnings results on Tuesday, February 6, 2024 at 04:05 PM.

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

Earnings

Diodes beat estimated earnings by 4.08%, reporting an EPS of $0.51 versus an estimate of $0.49.

Revenue was down $173.51 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 9.02% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.22 1.57 1.50 1.61
EPS Actual 1.13 1.59 1.59 1.73
Revenue Estimate 425.75M 467.12M 467.04M 492.68M
Revenue Actual 404.65M 467.15M 467.24M 496.21M

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.

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