Power Integrations Reports Third-Quarter Financial Results

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Go back to Power Integrations Reports Third-Quarter Financial Results

Power Integrations (POWI) Tops Q3 EPS by 4c; Guides Q4 Revenues Higher

October 29, 2020 4:28 PM EDT

Power Integrations (NASDAQ: POWI) reported Q3 EPS of $0.40, $0.04 better than the analyst estimate of $0.36. Revenue for the quarter came in at $121.1 million versus the consensus estimate of $115.12 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: Third-quarter revenues exceeded our... More