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Diodes posts 3Q profit

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.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DIOD at https://www.zacks.com/ap/DIOD