Diodes (DIOD) Tops Q4 EPS by 2c, Revenues Beat; Offers Q1 Revenue Mid-Point Guidance Below Consensus
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Diodes Incorporated Reports Fourth Quarter and Fiscal 2019 Financial Results
February 11, 2020 4:11 PM ESTAchieves Record Full Year Revenue and Gross Margin, Driving Record EBITDA, Net Income and EPS
PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Nasdaq: DIOD) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2019.
Year 2019 Highlights
Revenue grew to a record $1.25 billion, an increase of 2.9 percent over the $1.21 billion in 2018; GAAP gross profit was a record $465.8 million, a 7.0 percent increase from $435.3 million last year; GAAP gross margin improved 140 basis points to a record 37.3 percent from 35.9 percent in... More