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Mar 31, 2020
Power Integrations Q1 2020 Earnings Report
Power Integrations reported strong first-quarter results, with revenues up 23% year-over-year and non-GAAP EPS of $0.76.
Key Takeaways
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.
Revenues increased 23 percent year-over-year to $109.7 million.
GAAP earnings were $0.53 per diluted share.
Non-GAAP earnings were $0.76 per diluted share.
Cash flow from operations was $26.4 million.
Revenue by Segment
Forward Guidance
The company expects revenues to be $106 million plus or minus $5 million for the second quarter of 2020. GAAP gross margin is expected to be between 50 percent and 50.5 percent, while non-GAAP gross margin is expected to be between 51 percent and 51.5 percent. GAAP operating expenses are expected to be approximately $43 million, and non-GAAP operating expenses are expected to be approximately $35.5 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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