Diodes Full Year 2024 Earnings: EPS Misses Expectations

Diodes (NASDAQ:DIOD) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.31b (down 21% from FY 2023).
• Net income: US$44.0m (down 81% from FY 2023).
• Profit margin: 3.4% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.95 (down from US$4.96 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Diodes EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 10% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Diodes that you need to be mindful of.

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