Power Integrations, Inc. (POWI) Misses Q1 EPS by 2c, Provides Outlook

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Power Integrations Reports First-Quarter Financial Results

April 29, 2015 4:03 PM EDT

Net revenues were $82.6 million; non-GAAP earnings were $0.43 per diluted share; GAAP earnings were $0.21 per diluted share

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (Nasdaq: POWI) today announced financial results for the quarter ended March 31, 2015. Net revenues for the first quarter were $82.6 million, down five percent from the prior quarter and one percent from the first quarter of 2014. GAAP gross margin... More