Diodes (DIOD) Tops Q3 EPS by 10c

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Diodes Incorporated Reports Third Quarter 2021 Financial Results

November 3, 2021 4:05 PM EDT

Achieves Record Revenue for Fourth Consecutive Quarter, Resulting in Market Share Gains, Record Gross Profit, Gross Profit Margin, Net Income, EPS and EBITDA

PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Nasdaq: DIOD) today reported its financial results for the third quarter ended September 30, 2021.

Third Quarter Highlights

Revenue was a record $471.4 million, increasing 52 percent from $309.5 million in the third quarter 2020 and 7 percent from $440.4 million in the second quarter 2021; GAAP gross profit was a record $181.2 million, increasing 63 percent from $111.1 million in the third quarter... More