Diodes Q3 Profit Up - Quick Facts

(RTTNews) - Diodes Inc. (DIOD) Tuesday reported third-quarter profit of $13.6 million or $0.28 per share, up from $8.6 million or $0.18 per share in the same period last year.

Adjusted earnings for the quarter was $15.8 million or $0.33 per share. On average, nine analysts polled by Thomson Reuters expected the company to earn $0.34 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 34.7 percent to $224.5 million from $166.6 million last year. Analysts expected revenues of $225.50 million.

Looking ahead to the fourth quarter, the company has forecast revenues in the range of $205 million to $220 million. Analysts currently expect revenues of $222.21 million for the fourth-quarter.