Power Integrations Reports Third-Quarter Financial Results

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Power Integrations (POWI) Reports In-Line Q3 EPS, Revenues Miss; Offers 4Q Revenues Guidance Below Consensus

October 25, 2018 4:04 PM EDT

Power Integrations (NASDAQ: POWI) reported Q3 EPS of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $110.1 million versus the consensus estimate of $113.92 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: Although revenues fell short of our... More