Power Integrations, Inc. (POWI) Tops Q4 EPS by 7c, Offers Guidance

Power Integrations, Inc. (NASDAQ: POWI) reported Q4 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $86.6 million versus the consensus estimate of $86.05 million.

Power Integrations, Inc. sees Q1 revenue of $82-88 million, versus the consensus of $85.78 million.

• Non-GAAP gross margin is expected to be between 53 percent and 53.5 percent. (Excludes approximately $0.3 million of stock-based compensation, $1 million of amortization of acquisition-related intangibles and $0.3 million for amortization of the write-up of acquired inventory.) GAAP gross margin is expected to be between 51 percent and 51.5 percent.
• Non-GAAP operating expenses are expected to be approximately $31 million. (Excludes approximately $4.2 million of stock-based compensation, $0.8 million of amortization of acquisition-related intangibles and $1 million of other acquisition-related expenses.) GAAP operating expenses are expected to be approximately $37 million.

For earnings history and earnings-related data on Power Integrations, Inc. (POWI) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• SanDisk upgraded at JPMorgan after investor day; shares climb
• Algorhythm Holdings (RIME) Tops Q2 EPS by 54c