Power Integrations Reports Third-Quarter Financial Results

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Power Integrations (POWI) Misses Q3 EPS by 1c, Guidance Misses

November 7, 2023 4:26 PM EST

Power Integrations (NASDAQ: POWI) reported Q3 EPS of $0.46, $0.01 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $125.5 million versus the consensus estimate of $130.37 million.

GUIDANCE:

Power Integrations sees Q4 2023 revenue of $85-95 million, versus... More