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Thursday, Mar 28, 2024

Diodes Expects Greater 3Q Revenues

Semiconductor supplier Diodes Inc. restated its third quarter guidance this week due to higher than expected revenues, the company announced. The Westlake Village company expects third quarter revenue to be approximately 9 percent to 11 percent greater than its second quarter 2006 revenue of $82.7 million, the company said. The company continues to expect third quarter gross margin to be comparable to the 33.2 percent recorded in the second quarter. Diodes manufactures discrete analog semiconductor products for the communications, computing, industrial, consumer electronics and automotive industries.

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