Diodes Inc - DIOD STOCK NEWS

Diodes Incorporated (DIOD) has launched the AL8891Q, expanding its automotive-compliant LED driver portfolio. This synchronous Buck LED driver operates with up to 2A current from a 4.5V to 65V input range, supporting up to 95% duty cycle for longer LED chains.

The device targets automotive lighting applications including daytime running lights, fog lights, turn lights, brake lights, and interior lighting. Key features include constant-on-time control, adjustable switching frequency (200kHz to 2.5MHz), and enhanced EMI performance meeting CISPR 25 Class 5 standards.

The AL8891Q offers dual dimming capabilities, comprehensive protection features, and operates from -40°C to +125°C. It's available in TSSOP-16EP package at $0.78 per unit for 1,000-piece quantities.

Diodes Incorporated (Nasdaq: DIOD) has launched the AL5887Q, a new 36-channel automotive-compliant linear LED current driver. The device supports up to 12 RGB LED modules with three programmable banks and features both I²C and SPI interface options. Each channel is configurable up to 70mA, with automatic power-saving mode of 15µA and ultra-low quiescent shutdown of 1µA.

Key features include fault reporting, overtemperature protection, built-in 16MHz oscillator for PWM dimming, and 3% device-to-device current accuracy. The AL5887Q operates from -40°C to +125°C, comes in a 6mm x 6mm package, and is priced at $1.13 in 1,000-piece quantities. Applications include interior ambient lighting, rear lighting, EV charging indicators, and infotainment systems.

Diodes Incorporated (Nasdaq: DIOD) has launched the ZXCT18xQ series of automotive-compliant high-precision current shunt monitors. These instrumentation amplifiers measure small sense voltages across common-mode voltages up to 26V while operating from 2.7V to 5.5V supply.

The series includes the ZXCT180Q for unidirectional current measurement and ZXCT181Q for bidirectional flow, featuring four fixed voltage gain options. Applications include ambient lighting control, battery management, and heated seats. The devices operate at temperatures from -40°C to +125°C and are priced at $0.11 and $0.12 for 1,000-piece quantities respectively.

Diodes Incorporated (NASDAQ: DIOD) has announced its management's participation in four upcoming financial conferences in December 2024. The schedule includes the Wells Fargo TMT Summit in Rancho Palos Verdes (Dec 3), UBS Global Technology Conference in Scottsdale (Dec 4), Wolfe Research Small & Mid-Cap Conference (Virtual, Dec 5), and Raymond James TMT & Consumer Investor Conference in New York (Dec 11). Management will be available for meetings with registered attendees during these events. The presentation will not be publicly webcast.

Diodes Incorporated reported its Q3 2024 financial results, showing a 9.5% sequential revenue increase to $350.1 million, though down from $404.6 million in Q3 2023.

GAAP gross profit was $118.0 million with a margin of 33.7%. GAAP net income rose to $13.7 million from $8.0 million in Q2 2024, but fell from $48.7 million in Q3 2023. Non-GAAP net income was $20.1 million, up from $15.4 million last quarter but down from $52.5 million a year ago.

GAAP EPS was $0.30, compared to $0.17 in Q2 2024 and $1.05 in Q3 2023. Non-GAAP EPS was $0.43, up from $0.33 last quarter but down from $1.13 in Q3 2023. EBITDA was $46.9 million, or 13.4% of revenue.

For Q4 2024, Diodes expects revenue around $337 million and a gross margin of 33.0%. The company highlighted strong automotive market performance and a moderated CapEx investment strategy.

Diodes Incorporated (Nasdaq: DIOD) has announced it will host a conference call on Thursday, November 7, 2024, at 4:00 p.m. Central Time to discuss its third quarter 2024 financial results. The company plans to release its financial results at 3:05 p.m. Central Time on the same day. Gary Yu, President of Diodes Incorporated, will be joined by Brett Whitmire, Chief Financial Officer, and Emily Yang, Senior Vice President of Worldwide Sales and Marketing.

Analysts and investors can join the conference call using the provided dial-in numbers and conference ID. A telephone replay will be available until November 14, 2024. The call will also be broadcast live over the Internet, accessible through the Investor Relations section of the company's website. A replay webcast will be available for approximately 90 days after the call.

Diodes Incorporated (Nasdaq: DIOD) has launched two USB Type-C Power Delivery (PD) 3.1 extended power range (EPR) sink controllers, the AP33771C and AP33772S. These controllers are designed for battery-powered devices and equipment using USB Type-C sockets as power sources, including routers, wireless speakers, power banks, and power tools.

Key features include:

• Support for PD3.1 EPR up to 140W and adjustable voltage supply (AVS) up to 28V
• Multiple power profiles with the AP33771C offering resistor-settable options
• I2C interface in the AP33772S for systems with a host MCU
• Built-in firmware for LED indication, cable voltage drop compensation, and moisture detection
• 34V tolerant CC pins for system protection
• Support for NMOS FETs to reduce bill of materials

The AP33771C is priced at $0.79 and the AP33772S at $0.84 in 1,000 piece quantities.

Diodes Incorporated (Nasdaq: DIOD) has introduced two new families of automotive-compliant Hall effect switch ICs: the AH332xQ (unipolar) and AH352xQ (omnipolar). These high-voltage ICs offer a wide range of operating sensitivity options for contactless position and proximity detection in automotive applications. The AH332xQ provides ten sensitivity options from 30G to 275G BOP, while the AH352xQ offers three high-sensitivity options from ±20G to ±40G BOP.

Key features include:

• Wide 3.0V to 28V supply voltage range
• -40°C to +150°C temperature range
• Open-drain output
• Enhanced robustness with reverse blocking diodes and Zener clamps
• ESD protection exceeding 8kV HBM and 1kV CDM
• 40V load-dump capability

The ICs are priced at $0.30 in 3,000-piece quantities.

Diodes Incorporated (Nasdaq: DIOD) has introduced the AL58221, a new 12-channel constant-current LED driver. This device features 12 open-drain outputs rated at 24V, sinking up to 60mA of high-accuracy current with a fast transient response. Key features include:

- Channel-to-channel LED current accuracy: typically ±1%
- Regulated output current tolerance: ±0.1%
- Operating input range: 3V to 5.5V
- Uses adaptive pulse density modulation (APDM) for enhanced performance
- 10MHz double-edge triggered data clock input for reduced EMI
- Two-wire serial interface for grayscale data and configuration

The AL58221 is priced at $0.37 in 1,000-piece quantities and is suitable for various applications including LED video signage, displays, and LCD backlighting.