Diodes incorporated reports second quarter fiscal 2023 financial results

Plano, texas--(business wire)--diodes incorporated (diodes) (nasdaq: diod) today reported its financial results for the second quarter ended june 30, 2023. second quarter highlights revenue was $467.2 million, decreasing 6.8 percent from $501.0 million in the second quarter 2022 and flat with $467.2 million in the first quarter 2023; automotive and industrial revenue was a record 48 percent of total product revenue; gaap gross profit was $195.4 million, decreasing 5.4 percent from $206.5 millio.
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