Power Integrations (POWI) Tops Q2 EPS by 2c, Slight Beat on Revenues; Offers 3Q Revenue Mid-Point Guidance Above Consensus

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Power Integrations Reports Second-Quarter Financial Results

July 30, 2020 4:02 PM EDT

Revenues increased four percent year-over-year to $106.8 million; GAAP earnings were $0.44 per diluted share; non-GAAP earnings were $0.66 per diluted share

Announces 2:1 stock split and dividend increase

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (Nasdaq: POWI) today announced financial results for the quarter ended June 30, 2020. Net revenues for the second quarter... More