Power Integrations Reports First-Quarter Financial Results

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Go back to Power Integrations Reports First-Quarter Financial Results

Power Integrations (POWI) Tops Q1 EPS by 10c, Revenues Beat; 2Q Revenue Guidance Below Consensus

May 7, 2020 5:46 PM EDT

Power Integrations (NASDAQ: POWI) reported Q1 EPS of $0.76, $0.10 better than the analyst estimate of $0.66. Revenue for the quarter came in at $109.66 million versus the consensus estimate of $107.06 million.

Commented Balu Balakrishnan, president and CEO of Power Integrations: Our first-quarter results were strong, and we continue to execute well in spite of the challenges presented by... More