Power Integrations Reports Second-Quarter Financial Results
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Power Integrations (POWI) Tops Q2 EPS by 2c, Slight Beat on Revenues; Offers 3Q Revenue Mid-Point Guidance Above Consensus
July 30, 2020 4:47 PM EDTPower Integrations (NASDAQ: POWI) reported Q2 EPS of $0.66, $0.02 better than the analyst estimate of $0.64. Revenue for the quarter came in at $106.83 million versus the consensus estimate of $106.36 million.
Commented Balu Balakrishnan, president and CEO of Power Integrations: Revenues increased four percent year-over-year in spite of a challenging demand... More
