Diodes Inc. Earnings Rise 83% In Q2

(RTTNews) - Diodes Inc. (DIOD) announced a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line advanced to $17.85 million, or $0.36 per share. This was up from $9.77 million, or $0.20 per share, in last year's second quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.7% to $264.22 million. This was up from $236.65 million last year.

Diodes Inc. earnings at a glance:

-Earnings (Q2): $17.85 Mln. vs. $9.77 Mln. last year. -Earnings Growth (Y-o-Y): 82.7% -EPS (Q2): $0.36 vs. $0.20 last year. -EPS Growth (Y-o-Y): 80.0% -Analysts Estimate: $0.36 -Revenue (Q2): $264.22 Mln vs. $236.65 Mln last year. -Revenue Change (Y-o-Y): 11.7%

-Guidance: Next quarter revenue guidance: $270 - $290 Mln