Diodes Inc. Announces 139% Increase In Q3 Bottom Line

(RTTNews) - Diodes Inc. (DIOD) revealed a profit for its third quarter that advanced from last year.

The company said its bottom line climbed to $15.05 million, or $0.30 per share. This was higher than $6.31 million, or $0.13 per share, in last year's third quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 20.0% to $250.69 million. This was up from $208.89 million last year.

Diodes Inc. earnings at a glance:

-Earnings (Q3): $15.05 Mln. vs. $6.31 Mln. last year. -Earnings Growth (Y-o-Y): 138.5% -EPS (Q3): $0.30 vs. $0.13 last year. -EPS Growth (Y-o-Y): 130.8% -Analysts Estimate: $0.29 -Revenue (Q3): $250.69 Mln vs. $208.89 Mln last year. -Revenue Change (Y-o-Y): 20.0%

-Guidance: Next quarter revenue guidance: $232 - $248 Mln