PLANO, Texas (AP) _ Diodes Inc. (DIOD) on Tuesday reported third-quarter profit of $14.5 million.
On a per-share basis, the Plano, Texas-based company said it had net income of 29 cents. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 45 cents per share.
The semiconductor components maker posted revenue of $285.2 million in the period.
For the current quarter ending in December, Diodes said it expects revenue in the range of $260 million to $280 million. Analysts surveyed by Zacks had expected revenue of $280 million.
Diodes shares have increased 32 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $33.83, a climb of 59 percent in the last 12 months.