Diodes (NASDAQ:DIOD) announced its quarterly earnings data on Wednesday. The semiconductor company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.02, Briefing.com reports. The company had revenue of $268.43 million for the quarter, compared to the consensus estimate of $270.62 million. Diodes had a return on equity of 6.44% and a net margin of 2.96%. Diodes’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 EPS.
Shares of Diodes (DIOD) opened at $31.34 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.18 and a current ratio of 3.12. The firm has a market capitalization of $1,300.00, a price-to-earnings ratio of 43.98 and a beta of 1.05. Diodes has a 12 month low of $22.06 and a 12 month high of $35.36.
In other Diodes news, SVP Mark A. King sold 14,396 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $31.29, for a total value of $450,450.84. Following the completion of the sale, the senior vice president now directly owns 94,719 shares in the company, valued at $2,963,757.51. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Semiconductor Corp Lite-On sold 1,379 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $32.00, for a total value of $44,128.00. The disclosure for this sale can be found here. Insiders have sold a total of 136,078 shares of company stock valued at $4,254,815 over the last 90 days. 7.00% of the stock is currently owned by company insiders.
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Diodes Company Profile
Diodes Incorporated is a manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal 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 transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (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.
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