Power Integrations Reports Fourth-Quarter Financial Results
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Power Integrations (POWI) PT Lowered to $75 at Susquehanna
February 2, 2018 7:57 AM ESTSusquehanna lowered its price target on Power Integrations (NASDAQ: POWI) to $75.00 (from $80.00) while maintaining a Neutral rating.
Analyst Chris Rolland commented, "Disappointing results and guidance as China smartphone weakness and growing disty inventory weigh. We wait for evidence of materializing catalysts in 2H18."
... MorePower Integrations (POWI) Tops Q4 EPS by 2c; Q1 Revs Below View
February 1, 2018 4:08 PM ESTPower Integrations (NASDAQ: POWI) reported Q4 EPS of $0.74, $0.02 better than the analyst estimate of $0.72. Revenue for the quarter came in at $108.2 million versus the consensus estimate of $110.48 million.
GUIDANCE:
Power Integrations sees Q1 2018 revenue of $100-106 million, versus the consensus... More
