DIOD Earnings Prediction
The chart below shows how DIOD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DIOD sees a +3.76% change in stock price 10 days leading up to the earnings, and a +3.77% change 10 days following the report. On the earnings day itself, the stock moves by -0.58%. This data can give you a slight idea of what to expect for the next quarter's release.
DIOD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
339.30M
5.14%
-3.08%
Gross Margin
31.21%
-7.33%
-4.29%
Operating Margin
2.82%
-48.54%
-53.23%
Net Margin
3.01%
-61.31%
-30.65%
EPS
0.18
-67.27%
-40.00%
No Data Available
DIOD Earnings Analysis
Diodes Inc Corporation (DIOD.O) Earnings Conference Call
Positive
Revenue Growth Recovery: Achieved 5% revenue growth in Q4 2024 compared to Q4 2023, marking a return to year-over-year growth after a multiyear market slowdown.
Product Revenue Stability: Automotive and industrial product revenue maintained at 42% of total revenue, reflecting successful new product initiatives and content expansion efforts.
New Automotive Part Introductions: Introduced 755 new part numbers in 2024, with 330 specifically for the automotive market, increasing addressable content per car from $160 to $213, a 33% increase.
Gross Profit Performance: Full year 2024 GAAP gross profit was $435.9 million, representing 33.2% of revenue, demonstrating effective cost management despite challenging market conditions.
Strong Cash Flow Performance: Cash flow from operations for Q4 2024 was $81.8 million, contributing to a solid balance sheet with approximately $322 million in cash and short-term investments.
Negative
Q4 Revenue Decline: Revenue for Q4 2024 decreased to $339.3 million from $350.1 million in Q3 2024, marking a decline of 3.3% sequentially and a decrease from $322.7 million in Q4 2023, indicating a challenging revenue environment.
Net Income Decline: GAAP net income for Q4 2024 was $8.2 million, down 40.9% from $13.7 million in Q3 2024 and down 67.6% from $25.3 million in Q4 2023, reflecting significant profitability pressure.
Revenue Decline Analysis: Full year 2024 revenue was $1.3 billion, a substantial decline of 23.5% compared to $1.7 billion in 2023, highlighting a significant downturn in overall business performance.
Declining EBITDA Margin: EBITDA for Q4 2024 was $40.7 million, representing only 12% of revenue, down from 13.4% in Q3 2024 and 18.1% in Q4 2023, indicating deteriorating operational efficiency.
Negative Cash Flow Challenges: Net cash flow for the full year 2024 was negative $3.8 million, which included a net pay down of $7.6 million in total debt, suggesting cash flow challenges despite debt reduction efforts.
DIOD FAQs
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DIOD Earning Call Sentiment
Earnings call transcript: Diodes Q4 2024 misses EPS forecast, stock dips
DIOD.O
-1.46%Positive
The earnings call reveals several negative factors: revenue decline, increased operating expenses, and reduced net income. Guidance indicates a sequential revenue decrease, and there is no mention of shareholder returns. Despite some positive aspects like product development and stable pricing, the market's reaction is likely negative due to weak financial metrics, increased debt, and inventory issues. The Q&A highlighted challenges in key markets and a lack of clarity on improvements, reinforcing a negative sentiment. Given the mid-cap status, expect a -2% to -8% stock price movement.
