Diodes Incorporated reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 301.97 million compared to USD 467.24 million a year ago. Net income was USD 14.04 million compared to USD 71.15 million a year ago.

Basic earnings per share from continuing operations was USD 0.3 compared to USD 1.56 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to USD 1.54 a year ago.