Diodes Incorporated reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 404.65 million compared to USD 521.27 million a year ago. Net income was USD 48.72 million compared to USD 86.39 million a year ago. Basic earnings per share from continuing operations was USD 1.06 compared to USD 1.9 a year ago. Diluted earnings per share from continuing operations was USD 1.05 compared to USD 1.88 a year ago.
For the nine months, sales was USD 1,339.04 million compared to USD 1,504.37 million a year ago. Net income was USD 201.89 million compared to USD 239.23 million a year ago. Basic earnings per share from continuing operations was USD 4.41 compared to USD 5.28 a year ago. Diluted earnings per share from continuing operations was USD 4.36 compared to USD 5.21 a year ago.