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Sep 30, 2020
Power Integrations Q3 2020 Earnings Report
Revenues increased six percent year-over-year and non-GAAP EPS was $0.40.
Key Takeaways
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.
Third-quarter revenues exceeded expectations due to continued growth in fast charging for mobile devices.
Improved demand was seen from the appliance market.
Distribution sell-through strengthened considerably compared to the prior quarter.
The company expects healthy sequential revenue growth in the fourth quarter.
Power Integrations
Power Integrations
Power Integrations Revenue by Segment
Revenue by Segment
Communications Revenue
CapyFin.comComputer Revenue
CapyFin.comConsumer Revenue
CapyFin.comIndustrial Revenue
CapyFin.com Forward Guidance
Revenues are expected to be $130 million plus or minus $5 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income