Diodes Inc. Q4 Earnings Retreat 63%

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

The company said its earnings came in at $6.73 million, or $0.14 per share. This was lower than $18.33 million, or $0.38 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.2% to $214.38 million. This was down from $223.67 million last year.

Diodes Inc. earnings at a glance:

-Earnings (Q4): $6.73 Mln. vs. $18.33 Mln. last year. -Earnings Decline (Y-o-Y): -63.3% -EPS (Q4): $0.14 vs. $0.38 last year. -EPS Decline (Y-o-Y): -63.2% -Analysts Estimate: $0.06 -Revenue (Q4): $214.38 Mln vs. $223.67 Mln last year. -Revenue Change (Y-o-Y): -4.2%

-Guidance: Next quarter revenue guidance: $214 - $235 Mln