🤝 We're excited to be part of Diodes Incorporated's continued growth and look forward to the opportunities ahead for ElevATE, our customers, and the broader semiconductor test market.
Diodes Incorporated (Nasdaq: DIOD) just posted its sixth straight quarter of double-digit YoY growth. Q2 FY26 highlights: -Revenue: $445.5M, up 21.7% YoY and 9.9% QoQ -GAAP gross margin: 33.1%, up 130 bps sequentially -Non-GAAP EPS: $0.70, more than double a year ago -EBITDA: $83.5M, 18.7% of revenue Automotive revenue hit a record 21% of sales, up 37% YoY, and compute revenue grew 33% YoY on AI data center demand. The balance sheet stayed rock solid too - $442M in cash against just $40M of debt. Looking ahead, Diodes guided Q3 revenue approximately $510M (at mid-point of guidance) and is tracking toward its 2028 targets of $2B revenue and $4.00+ non-GAAP EPS. Proposed acquisition of Elevate Semiconductor expected to close later this year. Full results at https://lnkd.in/gNJg-tpR #Semiconductors #DIOD #Datacenters #AnalogAndPower #AI #Compute