Press Release
Back to Press Room
Diodes Incorporated Increases Revenue Forecast for Fourth Quarter of 2005
WESTLAKE VILLAGE, Calif., Dec. 13 /PRNewswire-FirstCall/ -- Diodes Incorporated (Nasdaq: DIOD), today increased its revenue guidance for the fourth quarter of 2005.
The Company now expects fourth quarter revenue to be in the 10-12% sequential growth range from its record third quarter revenue of $54.2 million, and continues to expect comparable gross margins to the third quarter of 2005.
Better than expected demand in both Asia and North America for the Company's discrete components, primarily in consumer electronic and PC end-markets, are fueling the growth.
About Diodes Incorporated
Diodes Incorporated (Nasdaq: DIOD) is a global supplier of discrete semiconductor products. The Company designs, manufacturers and markets discrete semiconductors focused on diverse end-use applications in the consumer electronics, computing, industrial, communications and automotive sectors.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, any forecast of revenues or gross margin. Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in product demand, the introduction of new products, the Company's ability to maintain customer and vendor relationships, technological advancements, impact of competitive products and pricing, growth in targeted markets, risks of foreign operations, and other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.
CONTACT: Crocker Coulson, President, CCG Investor Relations, (310) 231-8600 x 103, e-mail: crocker.coulson@ccgir.com or Carl Wertz, Chief Financial Officer, Diodes, Inc., (805) 446-4800.
Recent news releases, annual reports, and SEC filings are available at the Company's website: http://www.diodes.com. Written requests may be sent directly to the Company, or they may be e-mailed to: diodes-fin@diodes.com.
SOURCE Diodes Incorporated -0- 12/13/2005 /CONTACT: Crocker Coulson, President of CCG Investor Relations, +1-310-231-8600 ext. 103, crocker.coulson@ccgir.com, for Diodes Incorporated; or Carl Wertz, Chief Financial Officer of Diodes Incorporated, +1-805-446-4800/ /Web site: http://www.diodes.com / (DIOD) CO: Diodes Incorporated ST: California IN: CPR SEM HRD SU: ERP LP -- LATU046 -- 5670 12/13/2005 09:00 EST http://www.prnewswire.com