Power Integrations Reports Second-Quarter Financial Results

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Go back to Power Integrations Reports Second-Quarter Financial Results

Power Integrations (POWI) Tops Q2 EPS by 9c

July 28, 2016 5:09 PM EDT

Power Integrations (NASDAQ: POWI) reported Q2 EPS of $0.60, $0.09 better than the analyst estimate of $0.51. Revenue for the quarter came in at $97.2 million versus the consensus estimate of $91.29 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: We achieved record quarterly revenues, with sequential... More