DIODES INCORPORATED (NASDAQ:DIOD) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
On February 14, 2017, Dr. Keh-Shew Lu, President and Chief
Executive Officer of Diodes Incorporated, (the Company), as well
as Richard D. White, Chief Financial Officer, Mark King, Senior
Vice President of Sales and Marketing, and Laura Mehrl, Director
of Investor Relations, participated in a conference call to
discuss the Companys fourth quarter and full year 2016 financial
results. A recording of the conference call has been posted on
the Companys website at www.diodes.com, and copy of a transcript
of the conference call is furnished as Exhibit 99.1 to this
report.
In the earnings conference call, the Company utilizes financial
measures and terms not calculated in accordance with generally
accepted accounting principles in the United States (GAAP) in
order to provide investors with an alternative method for
assessing the Companys operating results in a manner that enables
investors to more thoroughly evaluate its current performance as
compared to past performance. The Company also believes these
non-GAAP measures provide investors with a more informed baseline
for modeling the Companys future financial performance.
Management uses these non-GAAP measures for the same purpose. The
Company believes that investors should have access to the same
set of tools that management uses in analyzing results. These
non-GAAP measures should be considered in addition to results
prepared in accordance with GAAP, but should not be considered a
substitute for or superior to GAAP results and may differ from
similar measures used by other companies. For a description, and
reconciliation with GAAP, of these non-GAAP measures see the
Companys press release dated February 14, 2017 announcing the
Companys fourth quarter and full year 2016 financial results, a
copy of which was furnished as Exhibit 99.1 to the Current Report
on Form 8-K filed with the Securities and Exchange Commission on
February 14, 2016.
Item 7.01 Regulation FD Disclosure.
The transcript of the earnings conference call furnished as
Exhibit 99.1 also provides an update on the Companys business
outlook, that is intended to be within the safe harbor provided
by the Private Securities Litigation Reform Act of 1995 (the Act)
as comprising forward looking statements within the meaning of
the Act.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit Number |
Description |
|
99.1 |
Transcript of earnings conference call held on February |
The information in this Form 8-K and the exhibits furnished
hereto shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933 or the Securities Exchange Act of 1934, except as shall
be expressly set forth by specific reference in such filing.
About DIODES INCORPORATED (NASDAQ:DIOD)
Diodes Incorporated is a global manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company’s products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers. It also holds interests in Pericom Semiconductor Corporation, which designs, develops and markets integrated circuits (ICs) and frequency control products (FCPs). DIODES INCORPORATED (NASDAQ:DIOD) Recent Trading Information
DIODES INCORPORATED (NASDAQ:DIOD) closed its last trading session down -0.26 at 25.51 with 208,839 shares trading hands.