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Diodes Inc. Issues Q3 2012 Revenue Guidance Below Analysts' Estimates

Wednesday, 8 Aug 2012 04:00pm EDT 

Diodes Inc. announced that for the second half of 2012, it is approaching the challenging environment cautiously as it begin to see demand moderate in June and growth in China is proving to be softer than expected. The Company remains focused on executing on profitable growth model and expect revenue in the third quarter 2012 to increase to a range between $162 million and $170 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $171 million for the third quarter of 2012. 

Company Quote

0.52 +1.91%
15 Apr 2014