Diodes Incorporated (DIOD) reported quarterly earnings results on Tuesday, Aug-9-2016. The company reported $0.20 EPS for the quarter. Analysts had a consensus estimate of $0.20. The company posted revenue of $236.60 million in the period, compared to analysts expectations of $235.37 million. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.
Diodes Incorporated opened for trading at $18.32 and hit $18.61 on the upside on Monday, eventually ending the session at $18.47, with a gain of 0.87% or 0.16 points. The heightened volatility saw the trading volume jump to 1,44,060 shares. Company has a market cap of $893 M.
In a different news, on Jul 7, 2016, Richard Dallas White (CFO & Secretary) sold 2,750 shares at $16.92 per share price. According to the SEC, on Jul 7, 2016, Keh Shew Lu (President & CEO) sold 8,969 shares at $17.29 per share price. On Jul 7, 2016, Julie Holland (VP WW Analog Products) sold 1,750 shares at $16.92 per share price, according to the Form-4 filing with the securities and exchange commission.
Diodes Incorporated is a manufacturer and supplier of application-specific standard products within the discrete logic and analog semiconductor markets serving the consumer electronics computing communications industrial and automotive markets. The Company’s products include diodes rectifiers transistors metal-oxide semiconductor field-effect transistor (MOSFETs) protection devices functional specific arrays single gate dual gate and standard logic amplifiers and comparators hall-effect and temperature sensors power management devices including light-emitting diode (LED) drivers alternating current-direct current (AC-DC) and DC-DC switching linear voltage regulators and voltage references along with special function devices such as universal serial bus (USB) power switches load switches voltage supervisors and motor controllers. Its products are sold across Asia North America and Europe.