Semiconductor company Diodes Inc. (DIOD) on Monday raised the lower end of its revenue guidance for the second quarter of 2013.
The company now expects second-quarter revenue of $210 million to $218 million, compared with prior range of $206 million to $218 million
Analysts polled by Thomson Reuters currently estimate revenue of $212.87 million for the second quarter.
Gross margin for the quarter is now expected to be 28 percent, plus or minus 2 percent, compared with prior guidance of 27 percent, plus or minus 2 percent.
Diodes stock closed Monday at $23.51, down 0.04%, on the Nasdaq. In after hours, the stock gained $0.49 or 2.08%.
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