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 5c, Revenues Beat

July 26, 2018 4:32 PM EDT

Power Integrations (NASDAQ: POWI) reported Q2 EPS of $0.74, $0.05 better than the analyst estimate of $0.69. Revenue for the quarter came in at $109.48 million versus the consensus estimate of $109.33 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: Revenues and earnings increased significantly compared to the prior quarter, and we generated strong cash flow while returning nearly $35 million to... More