---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-057203"
form_type: "8-K"
ticker: "DIOD"
cik: "0000029002"
company_name: "DIODES INC /DEL/"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:22:05.032009+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Diodes Q1 revenue $302M, GAAP EPS $0.30; guides Q2 revenue ~$316M, return to growth

## Summary
- Q1 2024 revenue $302.0M vs $467.2M YoY (-35%); GAAP net income $14.0M vs $71.2M YoY.
- GAAP EPS $0.30; non-GAAP EPS $0.28; gross margin 33.0% vs 41.6% YoY.
- EBITDA $48.3M (16.0% of revenue) vs $121.8M (26.1%) YoY.
- Q2 2024 guidance: revenue ~$316M ±3% (sequential +4.6%), GAAP gross margin ~33.5% ±1%.
- Management sees Q1 as cyclical low point; expects seasonal recovery in consumer/computing/comm markets.

## SEC filing metadata
- accession: 0000950170-24-057203
- form_type: 8-K
- ticker: DIOD
- cik: 0000029002
- company_name: DIODES INC /DEL/
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29002/000095017024057203/0000950170-24-057203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29002/000095017024057203/diod-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-057203
- JSON: https://secwatch.observer/filing/0000950170-24-057203.json
- Plain text: https://secwatch.observer/filing/0000950170-24-057203.txt

## Key facts
- Earnings Releases
  DIODES INC /DEL/ reported first quarter ended March 31, 2024 results: revenue $302.0 million, net income $14.0 million, EPS $0.30 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $302.0 million
  - Net income: $14.0 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: 9, 2024 -- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today reported its financial results for the first quarter ended March 31, 2024. First Quarter Highlights • Revenue was $302.0 million, compared to $322.7 million in the fourth quarter 2023 and $467.2 million in the first quarter 2023; • GAAP gross profit was $99.6 million, compared to $112.5 million in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/29002/000095017024057203/0000950170-24-057203-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.