Diodes Inc. reports Q3 FY 2023 revenues at $404.6 million, down 22.4% YOY

News
Financial results
ATI News Team

The company's Automotive and Industrial Product revenue was above target model at 45% despite soft 3C market demand and customer inventory rebalancing

Diodes Inc. has reported its third-quarter 2023 revenues at $404.6 million, down by 22.4% year over year compared with $521.3 million in the same period in 2022, according to a press release dated Nov. 8.

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