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8-K - FORM 8-K - DIODES INC /DEL/ | d73723e8vk.htm |
EX-99.1 - EX-99.1 - DIODES INC /DEL/ | d73723exv99w1.htm |
EX-99.3 - EX-99.3 - DIODES INC /DEL/ | d73723exv99w3.htm |
Exhibit 99.2
Diodes Incorporated Increases Second Quarter 2010 Guidance
Dallas, Texas June 8, 2010 Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer
and supplier of high-quality application specific standard products within the broad discrete,
logic and analog semiconductor markets, today increased its revenue and gross margin guidance for
the second quarter of 2010.
The Company is increasing its revenue guidance for the second quarter of 2010 due to increasing
demand for the Companys products in its worldwide markets. Revenue is expected to range between
$147 million and $151 million, an increase of 7.5 to 10.5 percent sequentially, compared to its
previous guidance of $143 million to $148 million or an increase of 4 to 8 percent sequentially.
The Company is also raising its second quarter 2010 gross margin guidance due to gross profit
growing faster than the revenue increase. Gross margin is expected to range between 35.0 to 36.0
percent versus its prior guidance of gross profit growing at the same rate as revenue, or gross
margin of 34.9 percent.
About Diodes Incorporated
Diodes Incorporated (Nasdaq: DIOD), a Standard and Poors SmallCap 600 and Russell 3000 Index
company, is a leading global manufacturer and supplier of high-quality application specific
standard products within the broad discrete, logic, and analog semiconductor markets. Diodes
serves the consumer electronics, computing, communications, industrial, and automotive markets.
Diodes products include diodes, rectifiers, transistors, MOSFETs, protection devices, functional
specific arrays, single gate logic, amplifiers and comparators, Hall-effect and temperature
sensors; power management devices, including LED drivers, DC-DC switching and linear voltage
regulators, and voltage references along with special function devices, such as USB power switches,
load switches, voltage supervisors, and motor controllers. The Companys corporate headquarters,
logistics center, and Americas sales office are located in Dallas, Texas. Design, marketing, and
engineering centers are located in Dallas; San Jose, California; Taipei, Taiwan; Manchester,
England; and Neuhaus, Germany. The Companys wafer fabrication facilities are located in Kansas
City, Missouri and Manchester, with two manufacturing facilities located in Shanghai, China,
another in Neuhaus, and a joint venture facility located in Chengdu, China. Additional
engineering, sales, warehouse, and logistics offices are located in Taipei; Hong Kong; Manchester;
and Munich, Germany; with support offices located throughout the world. For further information,
including SEC filings, visit the Companys website at http://www.diodes.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements
set forth above that are not historical facts are forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from those in the
forward-looking statements. Such statements include statements regarding our expectation that: the
Company is increasing its revenue guidance for the second quarter of 2010 due to increasing demand
for the Companys products in its worldwide markets; revenue is expected to range between $147
million and $151 million, an increase of 7.5 to 10.5 percent sequentially, compared to its previous
guidance of $143 million to $148 million or an increase of 4 to 8 percent sequentially; the Company
is also raising its second quarter 2010 gross margin guidance due to gross profit growing faster
than the revenue increase; and gross margin is expected to range between 35.0 to 36.0 percent
versus its prior guidance of gross profit growing at the same rate as revenue or gross margin of
34.9 percent. Potential risks and uncertainties include, but are not limited to, such factors as:
we may not be able to maintain our current growth strategy or continue to maintain our current
performance and loadings in our manufacturing facilities; our future guidance may be incorrect; the
global economic weakness may be more severe or last longer than we currently anticipate; and other
information detailed from time to time in the Companys filings with the United States Securities
and Exchange Commission.
Recent news releases, annual reports, and SEC filings are available at the Companys website:
http://www.diodes.com. Written requests may be sent directly to the Company, or they may be
e-mailed to: diodes-fin@diodes.com.
###
Company Contact:
|
Investor Relations Contact: | |
Diodes Incorporated
|
Shelton Group | |
Carl Wertz
|
Leanne K. Sievers | |
Vice President, Finance and Investor Relations
|
EVP, Investor Relations | |
P: 805-446-4800
|
P: 949-224-3874 | |
E: carl_wertz@diodes.com
|
E: lsievers@sheltongroup.com |