Power Integrations

Power Integrations, Inc. is engaged in the designing, development, and marketing of analog and mixed-signal integrated circuits and other electronic components and circuitry used in high voltage power conversion. Its products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. The company was founded by Steven J. Sharp on March 25, 1988 and is headquartered in San Jose, CA.

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Power Integrations faces short-term challenges but eyes long-term growth

Power Integrations navigated a challenging Q4 marked by a revenue decline and anticipates further challenges in the near term. Despite this, the company remains optimistic about long-term growth prospects, emphasizing key areas like GaN products and EV market expansion. Pricing pressures and inventory management are key focus areas for the company as it aims for growth and profitability.

Power Integrations reports resilient Q1 performance and anticipates growth

Power Integrations navigated challenging macro conditions in Q1 with a focus on reducing channel inventories. Strong revenue growth and bookings momentum expected to continue in Q2. Strategic investments in growth areas and operational improvements set the stage for future success.

Power Integrations reports strong Q2 performance and eyes growth opportunities

Power Integrations (POWI) delivered a robust performance in Q2 2023, with revenue growth and expectations of further improvement in the second half of the year.
While facing challenges like weaker demand in China, the company remains well-positioned to capitalize on growth opportunities in various sectors.
By focusing on operational efficiency and cost control, Power Integrations aims to sustain its positive momentum and drive profitability in the coming quarters.

Power Integrations reports Q3 revenues slightly below guidance, anticipates market weakness

Power Integrations faces challenges from market weakness and unexpected cancellations, impacting Q3 revenues and leading to a projected sequential decrease in Q4. However, the company's focus on managing expenses, investing in growth-driving technologies, and strong design wins position it well for future demand upturn.

Power Integrations reports Q4 earnings decline but eyes growth

Power Integrations navigated challenges in Q4 with strong earnings and growth in key areas like GaN technology and system-level solutions.
The company's focus on doubling its SAM by 2027 and expanding into automotive markets presents significant growth opportunities.
Despite facing consumer revenue declines, Power Integrations is poised for recovery in 2024 and anticipates improved financial performance.

Power Integrations posts solid Q1 results, eyes growth through innovation

Power Integrations' Q1 performance reflects strong revenue and earnings growth, supported by a robust gross margin and market momentum in key sectors.
The company's strategic initiatives, including new product introductions and technology acquisitions, position it well for future growth and innovation.
While facing challenges in maintaining growth and integrating new assets, Power Integrations has opportunities to expand market reach, enhance product offerings, and drive technological advancements.

Power Integrations sees strong Q2 recovery and eyes GaN growth

Power Integrations' Q2 performance reflects a strong recovery, driven by the consumer category and innovative product offerings.
While challenges lie ahead in meeting ambitious revenue targets and sustaining growth, the company's strategic strengths and market opportunities bode well for future success.
With a focus on GaN technology and expansion into new markets like EV drivetrain inverters, Power Integrations is poised for continued growth and innovation.

Power Integrations reports solid Q3 performance, eyes industrial and automotive growth

Power Integrations demonstrated resilience and solid performance in Q3 2024, with a focus on industrial growth and expansion in the automotive market. The company anticipates a return to year-over-year growth in Q4.
Despite challenges in the appliance market and consumer segment inventory levels, Power Integrations remains optimistic about opportunities in high-power applications and automotive markets. The introduction of new GaN products and advancements in technology further bolster its growth prospects.
Financially, the company maintained strong margins, controlled expenses, and improved inventory management. With a strategic focus on industrial growth and automotive expansion, Power Integrations is poised for future success.

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Power Integrations, Inc. designs and develops mixed-signal integrated circuits and other electronic components and circuitry used in high-voltage power conversion. Its products include AC-DC Conversion, LED Drivers, Gate Drivers, Motor Drivers, and Automotive Solutions. The company was founded by Klas Eklund, Art Fury and Steven J. Sharp on March 25, 1988 and is headquartered in San Jose, CA.

LONG BEACH, Calif.--(BUSINESS WIRE)-- #BWSC--Power Integrations launches InnoMux-2, a new GaN-based switcher IC family with multiple, independently regulated outputs.

Power Integrations Launches InnoMux-2, a New Switcher IC Family With Multiple, Independently Regulated Outputs

Power Integrations is a high-voltage semiconductor company that has historically outperformed the market but has recently underperformed. The company's recent earnings showed a decline in revenues and profits, but it has made progress in its GaN technology and product development. Power Integrations has a competitive advantage in its advanced technology and strong IP protection, and it is well-positioned for growth in markets like electric vehicles and renewable power systems.

Power Integrations: Still Working Its Way Through An Inventory Correction

Power Integrations, Inc. (POWI) Q4 2023 Earnings Call Transcript

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI) today announced financial results for the quarter and year ended December 31, 2023. Net revenues for the fourth quarter were $89.5 million, down 29 percent compared to the prior quarter and down 28 percent from the fourth quarter of 2022. GAAP net income for the fourth quarter was $14.3 million or $0.25 per diluted share compared to $0.34 per diluted share in the prior quarter and $0.40 per diluted share in the fourth quarter.

Power Integrations Reports Fourth-Quarter and Full-Year Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- #GaN--Power Integrations introduces InnoSwitch5-Pro offline flyback switcher IC; Zero-Voltage Switching and advanced SR FET control enable 95% efficiency.

Power Integrations Introduces InnoSwitch5 Offline Flyback Switcher IC

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its fourth-quarter financial results after market hours on Thursday, February 8, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can register for the call by visiting the following link: https://registrations.events/direct/Q4I24588. Live and archived audio webcasts of the conference call will be available on the company's website at https://in.

Power Integrations to Release Fourth-Quarter Financial Results on February 8

Power Integrations (POWI) is expanding its footprint in the semiconductor space with the launch of new solutions like the SCALE-2 2SP0230T2x0 dual-channel gate drivers.

Power Integrations (POWI) Benefits From Portfolio Expansion

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations earned Great Place to Work Certification for the second straight year.

Power Integrations Earns Great Place to Work Certification for Second Consecutive Year

SAN JOSE, Calif.--(BUSINESS WIRE)-- #BWSC--Power Integrations launches gate drivers for 62 mm SiC and IGBT modules with fast short-circuit protection, rated for 1200 V and 1700 V applications.

Power Integrations Launches Gate Drivers for 62 mm SiC and IGBT Modules with Fast Short-Circuit Protection

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SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced a webcast of the company's presentation at the UBS Global Technology Conference in Scottsdale, Arizona on November 29, 2023 at 8:15 a.m. Mountain time. The live webcast will be available at the investor page of the company's website, investors.power.com. About Power Integrations Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power-conversion. The company's product.

Power Integrations to Present at UBS Technology Conference

Operations returned to reality in 2023 after two exceptionally strong years. The turnaround is expected to begin in 2024, but at a very slow pace. Profit and EBITDA margins remain very high, and the company is highly profitable.

Power Integrations: Time To Start Averaging Down

Power Integrations (POWI) third-quarter 2023 results reflect soft appliance and industrial end-markets.

Power Integrations (POWI) Q3 Earnings & Revenues Miss Estimates

Power Integrations, Inc. (POWI) Q3 2023 Earnings Call Transcript

Power Integrations (POWI) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.84 per share a year ago.

Power Integrations (POWI) Q3 Earnings and Revenues Miss Estimates

NASHVILLE--(BUSINESS WIRE)-- #PowerIntegrations--Power Integrations releases ground-breaking 1250 V InnoSwitch3-EP PowiGaN switcher IC underlining continued leadership in high voltage GaN technology.

Power Integrations Releases Ground-Breaking 1250-Volt GaN Switcher IC

SAN JOSE, Calif.--(BUSINESS WIRE)-- #BWSC--Power Integrations' IC energizes mission-critical functions with maximum efficiency in team aCentauri solar race car.

Power Integrations' IC Energizes Mission-Critical Functions with Maximum Efficiency in Team aCentauri Solar Race Car

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its third-quarter financial results after market hours on Tuesday, November 7, 2023, and will host a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can register for the call by visiting the following link: https://conferencingportals.com/event/YTVcHvJE. Live and archived audio webcasts of the conference call will be available on the company's website at https://in.

Power Integrations to Release Third-Quarter Financial Results on November 7

SAN JOSE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)-- #PowerIntegrations--Power Integrations and SnapMagic collaborate to advance power supply design automation; PSU specification to PCB layout in minutes using PI Expert.

Power Integrations and SnapMagic Collaborate to Advance Power Supply Design Automation

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SAN JOSE, Calif.--(BUSINESS WIRE)-- #PowerIntegrations--Power Integrations launches new non-isolated flyback switcher ICs with best-in-class efficiency and light-load operation for small power supplies.

Power Integrations Launches New Non-Isolated Flyback Switcher ICs with Best-in-Class Efficiency and Light-Load Operation for Small Power Supplies

Power Integrations has experienced volatile revenue growth, with an average growth rate of 3.4% over the past 6 years. The company's dominant position in the Industrial & Automotive segment has supported its growth, but its other segments have experienced declines. The GaN power semiconductor market is projected to grow significantly, but Power Integrations faces competition from larger players such as Navitas and Infineon.

Power Integrations: GaN Market Still Too Small

Power Integrations, Inc. (NASDAQ:POWI ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Joe Shiffler - Director, Investor Relations Balu Balakrishnan - Chairman & Chief Executive Officer Sandeep Nayyar - Chief Financial Officer Conference Call Participants Christopher Rolland - Susquehanna Ross Seymore - Deutsche Bank David Williams - The Benchmark Company Tore Svanberg - Stifel Operator Thank you for standing by. My name is Maria and I will be your conference operator today.

Power Integrations, Inc. (POWI) Q2 2023 Earnings Call Transcript

Power Integrations (POWI) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $1.03 per share a year ago.

Power Integrations (POWI) Tops Q2 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its second-quarter financial results after market hours on Thursday, August 3, 2023, and will host a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can register for the call by visiting the following link: https://conferencingportals.com/event/fEIobxNC. Live and archived audio webcasts of the conference call will be available on the company's website at https://in.

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