Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 346M | 7.8% |
| Gross Profit | 118M | 9.9% |
| Cost of Revenue | 299M | 4.2% |
| Operating expense | 96M | 7.3% |
| Net Income | 14M | 71.8% |
| EBITDA | 25M | 32.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.39B | 1.2% |
| Total Liabilities | 506M | 0.7% |
| Total Equity | 1.81B | 2.1% |
| Shares Outstanding | 46M | 0.4% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 54M | 277.5% |
| Cash from investing | -18M | 43.6% |
| Cash from financing | 1.4M | 107.1% |
EPS
Financial Highlights for Diodes in Q3 '24
Diodes reported a revenue of 346M, which is a 7.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 118M, marking a 9.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 299M, a 4.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 96M, showing a -7.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 14M, showing a 71.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 25M, showing a 32.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Diodes with growth in revenue, gross profit, and net income.
