Diodes Makes Growth List

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Westlake Village-based semiconductor maker Diodes Inc. said Thursday that for the second time the company has been named among “The 100 Hot Growth Companies” in BusinessWeek magazine, scoring 52nd in the overall ranking in the June 5 issue.


Companies on the list have revenues between $50 million and $1.5 billion, market capitalizations of $25 million or greater and prices of at least $5 per share. In addition, share prices for these companies must have appreciated 5 percent or more over the last 12 months in order to qualify for the list. Companies meeting these criteria were then ranked based on sales growth, earnings growth and return on capital over the last three years.


Diodes performance in these three areas was average annual sales growth of 24.1 percent, average annual earnings growth of 85.4 percent and return on capital of 15.6 percent over the past three years.


“This (inclusion) reflects Diodes’ success in executing our growth strategy, which is to achieve profitable growth through a combination of manufacturing excellence, new product offerings and financial discipline,” said Chief Executive Keh-Shew Lu in a statement. “With the recent acquisition of Anachip and our successful entry into the analog market, we look forward to continued growth and profitability in the future.”

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