Diodes reports Q1 2024 revenue at $302 million, down 35% YOY

News
Financial results

Return to seasonal growth expected in the second quarter, with the first quarter representing the low point in market demand

In a press release on May 9, Diodes has reported its revenue at $302.0 million for the first quarter ended March 31, 2024, compared to $322.7 million in the fourth quarter of 2023 and $467.2 million in the first quarter of 2023.

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