Power Integrations Reports Second-Quarter Financial Results
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Power Integrations (POWI) Tops Q2 EPS by 3c, Revenues Beat; Offers Q3 Revenue Mid-Point Guidance Above Consensus
July 25, 2019 5:05 PM EDTPower Integrations (NASDAQ: POWI) reported Q2 EPS of $0.56, $0.03 better than the analyst estimate of $0.53. Revenue for the quarter came in at $102.9 million versus the consensus estimate of $100.08 million.
Revenues increased 15 percent sequentially to $102.9 millionGAAP earnings were $0.37 per diluted shareNon-GAAP earnings were $0.56 per diluted shareCommented Balu Balakrishnan, president and CEO of Power... More
