Diodes (DIOD) Misses Q4 EPS by 12c, Misses on Revenue

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Diodes Incorporated Reports Fourth Quarter and Fiscal 2024 Financial Results

February 11, 2025 4:16 PM EST

Exceeds 4Q Revenue Expectations and Achieves Over 5% Growth YoY

PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today reported its financial results for the fourth quarter and year ended December 31, 2024.

Fourth Quarter Highlights

Revenue was $339.3 million, compared to $350.1 million in the prior quarter and $322.7 million in the fourth quarter 2023; GAAP gross profit was $110.9 million, compared to $118.0 million in the prior quarter and $112.5 million in the same quarter a year ago; GAAP gross profit margin was 32.7 percent, compared to 33.7... More