Diodes Q3 Profit Tops Estimates - Quick Facts

(RTTNews) - Diodes Incorporated (DIOD) reported third-quarter net income to shareholders of $19.43 million or $0.40 per share, compared to $13.62 million or $0.28 per share, prior year. Adjusted earnings per share was $0.43, for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.42 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $233.78 million from $224.51 million last year. Analysts expected revenue of $233.74 million for the quarter. The company said the increase in revenue was due to growth across the consumer, communications and computing end markets.

For the fourth quarter of 2014, the company expects revenue to range between $217 million to $231 million. Analysts expect the company to report fourth-quarter revenue of $229.97 million.