secwatch.observer — SEC 8-K summary
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Issuer:     DIODES INC /DEL/ (DIOD)
CIK:        0000029002
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000950170-23-019840
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diodes Q1 revenue $467M, down 3% YoY; gross margin 41.6%; guides Q2 flat rev, record gross margin
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- GAAP EPS $1.54, non-GAAP $1.59; revenue $467.2M, down 3.1% YoY and 5.8% QoQ.
- GAAP gross margin 41.6% (+80bps YoY); auto & industrial product mix hit record 47%.
- Q2 guidance: revenue ~$467M ±3%, GAAP gross margin record 41.8% ±1%.
- EBITDA $121.8M (26.1% of revenue); free cash flow $51.8M on $48.0M capex.
- Cash $335M, total debt $125M; paid down $60.8M debt during quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29002/000095017023019840/0000950170-23-019840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29002/000095017023019840/diod-20230509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-019840

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer