Diodes Inc. (DIOD) announced it is increasing its first-quarter guidance, excluding the impact of any purchase price accounting adjustments. The company's acquisition of BCD Semiconductor was completed on March 5, and BCD's results of operations will be included as of March 1.
The revised guidance includes the expectation that revenue will range between $174 million and $180 million sequentially versus prior guidance for Diodes of $157 million to $170 million and for BCD of $33 million to $37 million, or a monthly rate of approximately $11 million to $12.3 million.
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