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Diodes Inc. raises revenue guidance

Posted: 15 Jun 2006 ?? ?Print Version ?Bookmark and Share

Keywords:revenue guidance? forecast? Diodes? manufacturer? discrete?

Diodes Inc., a manufacturer and supplier of discrete and analog semiconductor components, increased its guidance for the second quarter of 2006. The company now expects second quarter revenue to be in the 10 to 12 percent sequential growth range, updated from its previous guidance of a 3 to 6 percent sequential increase from its record first quarter 2006 revenue of $73.6 million.

The top-line increase has been driven by better-than-expected growth in all regions, and specifically in the computer segment.

Diodes now expects second quarter gross profit margin to increase slightly from 32.9 percent reported in the first quarter.

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