Diodes incorporated reports third quarter fiscal 2023 financial results

Plano, texas--(business wire)--diodes incorporated (diodes) (nasdaq: diod) today reported its financial results for the third quarter ended september 30, 2023. third quarter highlights revenue was $404.6 million, a decrease of 13.4 percent from $467.2 million in the second quarter 2023 and 22.4 percent from $521.3 million in the third quarter 2022; gaap gross profit was $155.9 million, a decrease of 20.2 percent from $195.4 million in the second quarter 2023 and 28.4 percent from $217.8 million.
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