Diodes Incorporated delivered strong second-quarter fiscal 2025 results, with revenue reaching $366.2 million, a 14% increase year-over-year. The company reported GAAP net income of $46.1 million and GAAP EPS of $0.99 per diluted share, significantly up from the prior year. Non-GAAP EPS was $0.32. Gross profit stood at $115.3 million, with a gross profit margin of 31.5%. The company also generated $41.5 million in cash flow from operations and $21.1 million in free cash flow.
Diodes Incorporated reported first-quarter fiscal 2025 results, exceeding revenue expectations with $332.1 million, a 10% increase year-over-year. Despite a GAAP net loss of $4.4 million, non-GAAP adjusted net income was $8.8 million. The company saw improving market conditions in key segments and is guiding for continued year-over-year growth in the second quarter.
Diodes Incorporated reported Q4 2024 revenue of $339.3 million, a 5% increase compared to Q4 2023. The automotive and industrial segments contributed 42% of total product revenue. GAAP net income was $8.2 million, or $0.18 per diluted share. The company expects Q1 2025 revenue to be approximately $323 million, representing a 7% year-over-year growth at the midpoint.
Diodes Incorporated reported a strong third quarter with revenue exceeding expectations, driven by growth in Asia and the automotive market. The company is moderating capital expenditure investments to preserve earnings and cash flow amidst ongoing inventory and demand adjustments in the automotive and industrial markets. For Q4, the company expects revenue to be better than typical seasonality.
Diodes Incorporated reported a revenue of $319.8 million for Q2 2024, a gross profit of $107.4 million, and a GAAP net income of $8 million or $0.17 per diluted share. The company's demand began to recover, especially in the computing market in Asia. For Q3 2024, Diodes expects revenue to be approximately $346 million, representing an 8.2% sequential increase at the midpoint.
Diodes Incorporated reported first quarter fiscal 2024 financial results with revenue of $302.0 million and GAAP net income of $14.0 million, or $0.30 per diluted share. The company is guiding for a return to seasonal growth in the second quarter.
Diodes Incorporated reported its Q4 and Fiscal Year 2023 financial results. The company's Q4 revenue was $322.7 million, a decrease from both the previous quarter and the same quarter last year. GAAP net income was $25.3 million, or $0.55 per diluted share, also down from prior periods. Despite market challenges, the company focused on automotive and industrial markets, with combined revenue from these sectors expanding to 46% of product revenue for the full year.
Diodes Incorporated reported a revenue of $404.6 million for Q3 2023, a decrease of 13.4% from the previous quarter and 22.4% from Q3 2022. GAAP net income was $48.7 million, or $1.05 per diluted share, while non-GAAP EPS was $1.13 per diluted share.
Diodes Incorporated reported flat revenue sequentially at $467.2 million with a record gross margin of 41.8%. The Automotive and Industrial markets reached a record 48% of total product revenue. The recovery in the Asian market, especially in China, was slower than expected. The company reduced total debt by $34.4 million to $89 million as of June 30.
Diodes Incorporated reported a revenue of $467.2 million for Q1 2023, a decrease of 3.1% compared to Q1 2022. The GAAP net income was $71.2 million, resulting in a GAAP EPS of $1.54. The company's gross margin remained strong, and automotive and industrial markets reached a record 47% of product revenue.
Diodes Incorporated reported its Q4 2022 financial results, with revenue increasing 3.3% year-over-year to $496.2 million. GAAP net income was $92.1 million, or $2.00 per diluted share, while non-GAAP adjusted net income was $79.6 million, or $1.73 per diluted share.
Diodes Incorporated reported record third-quarter financial results, with revenue reaching a record $521.3 million, a 10.6% increase year-over-year. The company also achieved record GAAP gross profit, GAAP net income, and non-GAAP adjusted net income.
Diodes Incorporated reported record second-quarter financial results, achieving its sixth consecutive quarter of record revenue, gross profit, and earnings. Revenue reached $501.0 million, a 13.7% increase year-over-year, and GAAP EPS was a record $1.75 per diluted share, a 43.4% improvement year-over-year.
Diodes Incorporated reported record revenue, gross profit, and non-GAAP earnings per share for the first quarter of 2022. The company's performance was driven by strong demand in the automotive and industrial end markets, as well as Pericom products. Diodes is guiding for continued growth in the second quarter.
Diodes Incorporated reported a record fourth quarter in 2021, with revenue reaching $480.2 million, a 1.9% increase from the previous quarter. Gross profit also reached a record at $190.7 million, representing 39.7% of revenue. The company's automotive revenue grew 37% year-over-year.
Diodes Incorporated reported a record revenue of $471.4 million for Q3 2021, a 7% increase sequentially. Gross profit also reached a record at $181.2 million, representing 38.4% of revenue. The company's growth was underpinned by content expansion initiatives, particularly in the automotive market, and increased loading at LITE-ON Semiconductor facilities.
Diodes Incorporated reported record financial results for Q2 2021, with revenue reaching $440.4 million, a 53% increase from Q2 2020. The company also achieved record GAAP gross profit, net income, and EBITDA. Revenue growth was driven by record global POS revenue and strong performance in the automotive, industrial, consumer, and computing markets.
Diodes Incorporated reported record revenue of $413.1 million for Q1 2021, a 47% increase year-over-year, driven by the inclusion of LITE-ON Semiconductor Corporation (LSC) and strong organic growth. The company also achieved record GAAP gross profit and adjusted EPS.
Diodes Incorporated reported record fourth-quarter revenue of $350.4 million, including $16.9 million from the acquisition of Lite-On Semiconductor (LSC). GAAP net income was $29.7 million, or $0.59 per diluted share, while non-GAAP adjusted net income was $37.3 million, or $0.74 per diluted share. The LSC business contributed $0.02 per share on a non-GAAP basis.
Diodes Incorporated reported strong third-quarter results, with revenue exceeding expectations due to a recovery in Asia and North America. Record revenue was achieved in the automotive, consumer, and computing end markets. The company's revenue increased 10% from the first quarter of 2020, and net income increased approximately 35%.
Diodes Incorporated reported second quarter revenue of $288.7 million, an increase of 2.8 percent compared to the first quarter of 2020. GAAP net income was $21.0 million, or $0.40 per diluted share, and non-GAAP adjusted net income was $28.6 million, or $0.54 per diluted share.
Diodes Incorporated reported first quarter 2020 revenue of $280.7 million and GAAP net income of $20.2 million, or $0.38 per diluted share. The results were impacted by the delayed start of manufacturing production following the extended Chinese New Year holiday and the temporary closure of U.K. wafer fabs. Automotive revenue grew sequentially and year-over-year.
Diodes Incorporated reported fourth-quarter revenue of $301.2 million, a decrease from $314.4 million in Q4 2018. However, GAAP net income increased to $47.2 million, or $0.90 per diluted share, compared to $29.5 million, or $0.58 per diluted share, in the same quarter of the previous year. The company's EBITDA also improved to $88.3 million, or 29.3 percent of revenue, from $70.5 million, or 22.4 percent of revenue, in Q4 2018.