Power Integrations Earnings Reports

Power Integrations' Q4 2024 revenues increased by 18% year-over-year to $105.2 million. GAAP EPS was $0.16, and non-GAAP EPS was $0.30. The company expects continued growth in various end-markets in 2025.

Power Integrations reported third-quarter results with revenues of $115.8 million, GAAP EPS of $0.25, and non-GAAP EPS of $0.40. The company announced a five percent dividend increase and a $50 million share-repurchase authorization.

Power Integrations reported Q2 2024 financial results with revenues of $106.2 million, a GAAP EPS of $0.09, and a non-GAAP EPS of $0.28. Revenues increased by 16% from the prior quarter but decreased by 14% compared to Q2 2023. The company expects another sequential increase in the third quarter.

Power Integrations reported a net revenue of $91.7 million for Q1 2024, which is up 2% from the previous quarter but down 14% compared to Q1 2023. The company's GAAP net income was $4.0 million, or $0.07 per diluted share, while non-GAAP net income was $10.5 million, or $0.18 per diluted share. Orders have improved due to normalization of supply-chain inventories, and the company anticipates sequentially higher revenues in Q2.

Power Integrations reported a decrease in fourth-quarter revenue to $89.5 million, a 28% drop from Q4 2022. GAAP earnings per diluted share were $0.25, compared to $0.40 in the same quarter of the previous year. The company repurchased 680 thousand shares for $47.4 million during the quarter.

Power Integrations reported Q3 2023 financial results with a sequential increase in revenues but a year-over-year decrease. GAAP earnings were $0.34 per diluted share, and non-GAAP earnings were $0.46 per diluted share. The company is progressing on growth initiatives, including EVs and GaN technology.

Power Integrations reported Q2 2023 financial results, showing a recovery from the cyclical trough with revenues up 16% sequentially to $123.2 million. GAAP earnings per diluted share were $0.26, and non-GAAP earnings per diluted share were $0.36.

Power Integrations reported first-quarter revenues of $106.3 million, a 42% decrease compared to the first quarter of 2022. GAAP earnings per diluted share were $0.12, while non-GAAP earnings per diluted share were $0.25. The company's CEO indicated that revenues have bottomed and a cyclical recovery is underway.

Power Integrations reported Q4 2022 net revenues of $124.8 million, a 28% decrease from Q4 2021. GAAP earnings per diluted share were $0.40, while non-GAAP earnings per diluted share were $0.48. The company used $18.7 million for share repurchases during the quarter and increased its quarterly dividend by six percent to $0.19 per share.

Power Integrations reported Q3 2022 revenues of $160.2 million, a 9% decrease year-over-year. GAAP EPS was $0.80, while non-GAAP EPS was $0.84. The company announced a $100 million share repurchase authorization.

Power Integrations reported a two percent year-over-year increase in revenue, reaching $184 million. GAAP earnings per diluted share were $0.96, while non-GAAP earnings per diluted share grew 24 percent year-over-year to $1.03. The company generated $67 million in cash from operations and returned over $160 million to stockholders through buybacks and dividends.

Power Integrations reported a strong first quarter with revenues up 5% year-over-year to $182.1 million and GAAP earnings of $0.77 per diluted share. The company saw strong uptake of their GaN products and BridgeSwitch motor-drive ICs. They also repurchased 1.6 million shares for $135 million and added $75 million to the repurchase authorization.

Power Integrations reported a 15% year-over-year increase in fourth-quarter revenue, reaching $172.7 million. GAAP earnings per diluted share were $0.66, while non-GAAP earnings per diluted share were $0.83. The company's CEO highlighted the strong quarter capping an outstanding year, driven by secular trends and competitive advantages in a supply-constrained environment.

Power Integrations reported a 46% year-over-year increase in revenues, reaching $176.8 million. GAAP earnings per diluted share were $0.69, while non-GAAP earnings per diluted share were $0.84. The company's board increased the quarterly dividend to $0.15 per share and added $50 million to the repurchase authorization.

Power Integrations reported record second-quarter revenues of $180.1 million, a 69% increase year-over-year. GAAP earnings per diluted share were $0.68, and non-GAAP earnings per diluted share were $0.83. Cash flow from operations for the quarter was $66.8 million.

Power Integrations reported a strong first quarter with revenues up 58% year-over-year to $173.7 million. GAAP earnings per diluted share were $0.65, and non-GAAP earnings per diluted share were $0.76. The company's board increased the share-repurchase authorization by $50 million.

Power Integrations reported Q4 2020 revenues of $150.7 million, a 32% increase year-over-year. GAAP earnings per diluted share were $0.45, and non-GAAP earnings per diluted share were $0.60. The company's board of directors has increased the quarterly dividend to $0.13 per share.

Power Integrations reported third-quarter revenues of $121.1 million, a 6% increase year-over-year. GAAP earnings per diluted share were $0.24, while non-GAAP earnings per diluted share were $0.40.

Power Integrations reported a 4% year-over-year increase in revenue to $106.8 million for Q2 2020. GAAP earnings per diluted share were $0.44, while non-GAAP earnings per diluted share reached $0.66. The company also announced a 2:1 stock split.

Power Integrations announced strong first-quarter results with revenue of $109.7 million, a 23% increase year-over-year. GAAP earnings per diluted share were $0.53, and non-GAAP earnings per diluted share were $0.76. The company is increasing its quarterly dividend by more than ten percent.

Power Integrations reported a strong fourth quarter with revenues up 23% year-over-year to $114.5 million. GAAP earnings were $5.28 per diluted share, and non-GAAP earnings were $5.60 per diluted share, both benefiting from a litigation settlement. The company's success was driven by rapid-charging for mobile devices and a return to growth in consumer appliances.