Diodes +4.7% AH after FQ4 gross margin guidance is hiked by 60 bps

|About: Diodes Incorporated (DIOD)|By:, SA News Editor

Diodes (DIOD) shares jump 4.7% AH after the company raises its FQ4 gross profit margin guidance to 28.6% +/- 2% from 28% +/- 2%.

Prior guidance for revenue of $205M-$220M (vs. analyst consensus of $212.3M) and opex at 22.7% of revenue are reiterated.