Diodes (DIOD) Reports In-Line Q4 EPS, Q1 Revenue Guidance Midpoint Falls Short

Diodes (NASDAQ: DIOD) reported Q4 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $223.7 million versus the consensus estimate of $224.46 million.

Diodes sees Q1 2015 revenue of $206-220 million, versus the consensus of $219.37 million.

Business Outlook

Dr. Lu concluded, “For the first quarter of 2015, we expect revenue to range between $206 million and $220 million, or down 1.6 percent to 7.9 percent sequentially due to normal seasonality combined with the currency impact from a stronger U.S. dollar. We expect gross margin to be 30.5 percent, plus or minus 2 percent. Operating expenses are expected to be approximately 23.2 percent of revenue, plus or minus 1 percent. We expect our income tax rate to be 28 percent, plus or minus 3 percent, and shares used to calculate diluted EPS for the first quarter are anticipated to be approximately 49 million.”

For earnings history and earnings-related data on Diodes (DIOD) click here.

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