Power Integrations Reports Third-Quarter Financial Results

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Power Integrations (POWI) Tops Q3 EPS by 3c

October 24, 2019 4:25 PM EDT

Power Integrations (NASDAQ: POWI) reported Q3 EPS of $0.78, $0.03 better than the analyst estimate of $0.75. Revenue for the quarter came in at $114.2 million versus the consensus estimate of $114.22 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: We returned to year-over-year revenue... More