Diodes Incorporated reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 322.7 million compared to USD 496.21 million a year ago. Net income was USD 25.29 million compared to USD 92.05 million a year ago.

Basic earnings per share from continuing operations was USD 0.55 compared to USD 2.02 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to USD 2 a year ago.