Power Integrations Q3 2022 Earnings Report
Key Takeaways
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.
Revenues for Q3 2022 were $160.2 million, down 9% year-over-year.
GAAP EPS was $0.80, compared to $0.69 in Q3 2021.
Non-GAAP EPS was $0.84, the same as in Q3 2021.
The company authorized a $100 million share repurchase program.
Power Integrations
Power Integrations
Power Integrations Revenue by Segment
Forward Guidance
The company forecasts Q4 2022 revenues to be $125 million plus or minus $5 million. GAAP gross margin is expected to be between 55.5% and 56%, while non-GAAP gross margin is expected to be between 56% and 56.5%. GAAP operating expenses are expected to be between $49.5 million and $50 million, and non-GAAP operating expenses are expected to be between $42 million and $42.5 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income