Diodes: 4Q Earnings Snapshot
PLANO, Texas (AP) _ Diodes Inc. (DIOD) on Wednesday reported fourth-quarter net income of $29.5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Plano, Texas-based company said it had profit of 58 cents. Earnings, adjusted for amortization costs, came to 65 cents per share.
The semiconductor components maker posted revenue of $314.4 million in the period.
For the year, the company reported net income of $104 million, or $2.04 per share, swinging to a profit in the period. Revenue was reported as $1.21 billion.
Diodes shares have climbed 16 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $37.40, an increase of 28 percent in the last 12 months.