Power Integrations (POWI) Tops Q2 EPS by 9c

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Power Integrations Reports Second-Quarter Financial Results

July 28, 2016 4:02 PM EDT

Revenues grew 14 percent year-over-year to $97.2 million; GAAP earnings were $0.38 per diluted share; non-GAAP earnings were $0.60 per diluted share

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (Nasdaq: POWI) today announced financial results for the quarter ended June 30, 2016. Net revenues for the second quarter were $97.2 million, up 14 percent from the prior quarter and also up 14 percent compared to the second quarter of 2015. Net income was... More