Power Integrations

Power Integrations, Inc. is engaged in the designing, development, and marketing of analog and mixed-signal integrated circuits and other electronic components and circuitry used in high voltage power conversion. Its products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. The company was founded by Steven J. Sharp on March 25, 1988 and is headquartered in San Jose, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Power Integrations faces short-term challenges but eyes long-term growth

Power Integrations navigated a challenging Q4 marked by a revenue decline and anticipates further challenges in the near term. Despite this, the company remains optimistic about long-term growth prospects, emphasizing key areas like GaN products and EV market expansion. Pricing pressures and inventory management are key focus areas for the company as it aims for growth and profitability.

Power Integrations reports resilient Q1 performance and anticipates growth

Power Integrations navigated challenging macro conditions in Q1 with a focus on reducing channel inventories. Strong revenue growth and bookings momentum expected to continue in Q2. Strategic investments in growth areas and operational improvements set the stage for future success.

Power Integrations reports strong Q2 performance and eyes growth opportunities

Power Integrations (POWI) delivered a robust performance in Q2 2023, with revenue growth and expectations of further improvement in the second half of the year.
While facing challenges like weaker demand in China, the company remains well-positioned to capitalize on growth opportunities in various sectors.
By focusing on operational efficiency and cost control, Power Integrations aims to sustain its positive momentum and drive profitability in the coming quarters.

Power Integrations reports Q3 revenues slightly below guidance, anticipates market weakness

Power Integrations faces challenges from market weakness and unexpected cancellations, impacting Q3 revenues and leading to a projected sequential decrease in Q4. However, the company's focus on managing expenses, investing in growth-driving technologies, and strong design wins position it well for future demand upturn.

Power Integrations reports Q4 earnings decline but eyes growth

Power Integrations navigated challenges in Q4 with strong earnings and growth in key areas like GaN technology and system-level solutions.
The company's focus on doubling its SAM by 2027 and expanding into automotive markets presents significant growth opportunities.
Despite facing consumer revenue declines, Power Integrations is poised for recovery in 2024 and anticipates improved financial performance.

Power Integrations posts solid Q1 results, eyes growth through innovation

Power Integrations' Q1 performance reflects strong revenue and earnings growth, supported by a robust gross margin and market momentum in key sectors.
The company's strategic initiatives, including new product introductions and technology acquisitions, position it well for future growth and innovation.
While facing challenges in maintaining growth and integrating new assets, Power Integrations has opportunities to expand market reach, enhance product offerings, and drive technological advancements.

Power Integrations sees strong Q2 recovery and eyes GaN growth

Power Integrations' Q2 performance reflects a strong recovery, driven by the consumer category and innovative product offerings.
While challenges lie ahead in meeting ambitious revenue targets and sustaining growth, the company's strategic strengths and market opportunities bode well for future success.
With a focus on GaN technology and expansion into new markets like EV drivetrain inverters, Power Integrations is poised for continued growth and innovation.

Power Integrations reports solid Q3 performance, eyes industrial and automotive growth

Power Integrations demonstrated resilience and solid performance in Q3 2024, with a focus on industrial growth and expansion in the automotive market. The company anticipates a return to year-over-year growth in Q4.
Despite challenges in the appliance market and consumer segment inventory levels, Power Integrations remains optimistic about opportunities in high-power applications and automotive markets. The introduction of new GaN products and advancements in technology further bolster its growth prospects.
Financially, the company maintained strong margins, controlled expenses, and improved inventory management. With a strategic focus on industrial growth and automotive expansion, Power Integrations is poised for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Power Integrations, Inc. designs and develops mixed-signal integrated circuits and other electronic components and circuitry used in high-voltage power conversion. Its products include AC-DC Conversion, LED Drivers, Gate Drivers, Motor Drivers, and Automotive Solutions. The company was founded by Klas Eklund, Art Fury and Steven J. Sharp on March 25, 1988 and is headquartered in San Jose, CA.

Power Integrations, Inc. (POWI) Q3 2024 Earnings Call Transcript

Power Integrations (POWI) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.46 per share a year ago.

Power Integrations (POWI) Q3 Earnings and Revenues Beat Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations announced financial results for the third quarter of 2024.

Power Integrations Reports Third-Quarter Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- #GaN--1700 V GaN InnoMux-2 IC delivers efficiency of better than 90% from a 1000 VDC bus, supplying up to 70 W from three accurately regulated outputs.

CORRECTING and REPLACING Power Integrations Launches 1700 V GaN Switcher IC, Setting New Benchmark for Gallium Nitride Technology

SAN JOSE, Calif.--(BUSINESS WIRE)-- #GaN--1700 V GaN InnoMux-2 IC delivers efficiency of better than 90% from a 1000 VDC bus, supplying up to 60 W from three accurately regulated outputs.

Power Integrations Launches 1700 V GaN Switcher IC, Setting New Benchmark for Gallium Nitride Technology

Power Integrations is emerging from a significant inventory correction, with revenues up 16% sequentially in Q2 and further improvement expected in Q3. The company is shifting its portfolio to Gallium Nitride-based solutions, which offer efficiency advantages over silicon and are expected to drive significant growth starting in 2025. While Power Integrations is seeing recovery, some key markets, like appliances in China, remain weak due to external factors like the real estate downturn.

Power Integrations: Emerging From The Downturn With GaN Growth On The Horizon

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its third-quarter financial results after market hours on Wednesday, November 6, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time. A live and archived audio webcast of the conference call will be available on the company's investor website at https://investors.power.com. Members of the investment community can join the live telephonic conference call by clicking this link, which w.

Power Integrations to Release Third-Quarter Financial Results on November 6

There were a number of positive developments in the Q2 report, but they were more than offset by demand coming in weaker than expected. While a short-term bounce is possible with the stock close to a trendline, the overall direction for the stock is leaning bearish. POWI is expected to show strong growth and it has the multiples to show for, but there is reason to doubt if targets laid out can be met.

Power Integrations: The Possibility Of A Further Decline Cannot Be Excluded

Power Integrations, Inc. (NASDAQ:POWI ) Q2 2024 Results Conference Call August 6, 2024 4:30 PM ET Company Participants Joe Shiffler - Director of IR Balu Balakrishnan - Chairman and CEO Sandeep Nayyar - CFO Conference Call Participants David Williams - Benchmark Matt Ramsay - TD Cowen Operator Good afternoon, ladies and gentlemen. Welcome to the Power Integrations Q2 2024 Earnings Conference Call.

Power Integrations, Inc. (POWI) Q2 2024 Earnings Call Transcript

Power Integrations (POWI) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.36 per share a year ago.

Power Integrations (POWI) Surpasses Q2 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations announced financial results for the second quarter of 2024.

Power Integrations Reports Second-Quarter Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations will release Q2 financial results on August 6.

Power Integrations to Release Second-Quarter Financial Results on August 6

NUREMBERG, Germany--(BUSINESS WIRE)-- #BWSC--Power Integrations revs-up motor-drive offering with BridgeSwitch-2 BLDC ICs; motor hardware-software cuts sleep-mode to >10mW, output power to 1HP.

Power Integrations Revs Up Motor-Drive Offering With BridgeSwitch-2 BLDC IC Family

ITHACA, NY / ACCESSWIRE / June 5, 2024 / Odyssey Semiconductor Technologies, Inc. (OTC PINK:ODII) "Odyssey" or the "Company"), a semiconductor device company developing innovative high-voltage power switching components based on proprietary gallium nitride ("GaN") processing technology, today announced that its previously announced plan to sell (the "Asset Sale") substantially all of its assets to Power Integration, Inc., ("Power Integration") was approved at a special meeting of stockholders (the "Special Meeting") of Odyssey on June 3, 2024. The Asset Sale was approved by about 99% of the votes cast at the Special Meeting.

Odyssey Semiconductor Technologies Announces Stockholder Approval of Asset Sale to Power Integration

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced webcasts of the company's presentations at two upcoming investor conferences: The TD Cowen 52nd Annual Technology, Media & Telecom Conference in New York on May 30 at 1:50 pm Eastern time; The Stifel Cross Sector Insight Conference in Boston on June 4 at 9:45 Eastern time. The live webcasts will be available at the investor page of the company's website, investors.power.com. About Power Integrations Power I.

Power Integrations to Present at Upcoming Investor Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)-- #PowerIntegrations--Power Integrations launches SCALE-iFlex XLT single-board plug-and-play gate drivers for 1.2 kV to 2.3 kV “new dual” IGBT modules.

Power Integrations Launches Single-Board Plug-and-Play Gate Drivers for 1.2 kV to 2.3 kV “New Dual” IGBT Modules

Power Integrations (POWI) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.25 per share a year ago.

Power Integrations (POWI) Q1 Earnings and Revenues Top Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations reported financial results for the quarter ended March 31, 2024.

Power Integrations Reports First-Quarter Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations announced that it has agreed to acquire the assets of Odyssey Semiconductor.

Power Integrations to Acquire the Assets of Odyssey Semiconductor

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its first-quarter financial results after market hours on Tuesday, May 7, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can register for the call by visiting the following link: https://registrations.events/direct/Q4I245880. Live and archived audio webcasts of the conference call will be available on the company's website at https://investor.

Power Integrations to Release First-Quarter Financial Results on May 7

LONG BEACH, Calif.--(BUSINESS WIRE)-- #BWSC--Power Integrations launches InnoMux-2, a new GaN-based switcher IC family with multiple, independently regulated outputs.

Power Integrations Launches InnoMux-2, a New Switcher IC Family With Multiple, Independently Regulated Outputs

Power Integrations is a high-voltage semiconductor company that has historically outperformed the market but has recently underperformed. The company's recent earnings showed a decline in revenues and profits, but it has made progress in its GaN technology and product development. Power Integrations has a competitive advantage in its advanced technology and strong IP protection, and it is well-positioned for growth in markets like electric vehicles and renewable power systems.

Power Integrations: Still Working Its Way Through An Inventory Correction

Power Integrations, Inc. (POWI) Q4 2023 Earnings Call Transcript

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI) today announced financial results for the quarter and year ended December 31, 2023. Net revenues for the fourth quarter were $89.5 million, down 29 percent compared to the prior quarter and down 28 percent from the fourth quarter of 2022. GAAP net income for the fourth quarter was $14.3 million or $0.25 per diluted share compared to $0.34 per diluted share in the prior quarter and $0.40 per diluted share in the fourth quarter.

Power Integrations Reports Fourth-Quarter and Full-Year Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- #GaN--Power Integrations introduces InnoSwitch5-Pro offline flyback switcher IC; Zero-Voltage Switching and advanced SR FET control enable 95% efficiency.

News for Power Integrations Stock (POWI)