Key Developments For Diodes Incorporated
Diodes Incorporated (DIOD.O) (Nasdaq)
Diodes Inc. Issues Q4 2009 Revenue Outlook Above Analysts' Estimates
Diodes Inc. announced that for fourth quarter of 2009, it expects revenue to continue to grow and range between $126-$130 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $124 million for the same period.
Diodes Inc. Announces Rectifiers that Offer Complete SMPS Solution And Save Space
Diodes Inc. announced that it has introduced high-current rectifiers with an ultra-low forward voltage (VF) drop. These rectifiers are targeted at power supply designers for use in consumer and industrial applications such as ultra-slim, end-user products, which include laptop and netbook adapters, LED/LCD TVs, and telecom server power supplies where low profile height and efficiency are critical.
Diodes Inc. Supports THX Big Room Demonstration With High Performance Audio DAC and Pre-amp Chip
Diodes Inc. announced that it is playing a key role in the demonstration of the THX 'Big Room' audio concept at CEDIA Expo 2009 in Atlanta, Georgia, USA with its introduction of the Diodes' ZXCZM800 multi-channel DAC and digital preamplifier.
Diodes Inc. Raises Q3 2009 Revenue Growth Outlook
Diodes Inc. announced that for the third quarter of 2009, it is raising its previous guidance and now expects revenue to increase 13% to 17% over the second quarter revenue versus the prior guidance of 10% to 15% sequential growth. The Company reported revenue of $103.90 million in the second quarter of 2009. According to Reuters Estimates, analysts were expecting the Company to report revenue of $118 million for the third quarter of 2009. The Company cited the demand for the Company's products utilized in equipment such as LCD televisions and panels, set-top boxes, mobile handsets and netbooks, as the primary reasons for the revised outlook.
Diodes Inc. Issues Q3 2009 Revenue Guidance Above Analysts' Estimates
Diodes Inc. announced that for the third quarter of 2009, it expects revenue to increase 10%-15% sequentially. The Company reported revenue of $103.9 million the second quarter of 2009. According to Reuters Estimates, analysts are expecting the Company to report revenues of $104.5 million for the same period.
