Power Integrations Q4 2024 Earnings Report
Key Takeaways
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.
Q4 revenues increased 18% year-over-year to $105.2 million.
GAAP earnings per diluted share were $0.16, compared to $0.25 in Q4 2023.
Non-GAAP earnings per diluted share were $0.30, compared to $0.22 in Q4 2023.
The company expects another double-digit revenue increase in Q1 2025.
Power Integrations
Power Integrations
Power Integrations Revenue by Segment
Forward Guidance
The company expects revenues to be flat compared to the fourth quarter of 2024, plus or minus five percent. GAAP gross margin is expected to be between 55 percent and 55.5 percent, and non-GAAP gross margin is expected to be between 55.5 percent and 56 percent. GAAP operating expenses are expected to be approximately $54 million; non-GAAP operating expenses are expected to be approximately $45 million.