Power Integrations Reports First-Quarter Financial Results

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Power Integrations (POWI) Tops Q1 EPS by 9c

April 29, 2021 4:16 PM EDT

Power Integrations (NASDAQ: POWI) reported Q1 EPS of $0.65, $0.09 better than the analyst estimate of $0.56. Revenue for the quarter came in at $173.7 million versus the consensus estimate of $149.48 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: First-quarter revenues grew 58 percent year-over-year reflecting the strong... More