Diodes Inc. Reports 19% Gain In Q1 Earnings

(RTTNews) - Diodes Inc. (DIOD) revealed earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $7.03 million, or $0.14 per share. This was up from $5.89 million, or $0.12 per share, in last year's first quarter.

Analysts had expected the company to earn $0.07 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.1% to $236.30 million. This was up from $222.74 million last year.

Diodes Inc. earnings at a glance:

-Earnings (Q1): $7.03 Mln. vs. $5.89 Mln. last year. -Earnings Growth (Y-o-Y): 19.4% -EPS (Q1): $0.14 vs. $0.12 last year. -EPS Growth (Y-o-Y): 16.7% -Analysts Estimate: $0.07 -Revenue (Q1): $236.30 Mln vs. $222.74 Mln last year. -Revenue Change (Y-o-Y): 6.1%