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.

Earnings data Q1 2024

POWI anticipates cyclical recovery and growth in EV market

POWI reported a mixed performance in Q1, with revenue growth and margin improvement, but challenges from supply chain disruptions and higher expenses. The company remains optimistic about the cyclical recovery and growth potential in the upcoming quarters, particularly in the EV market and other growth opportunities.

POWI sees recovery in Q2, eyes strong 2024 growth

POWI's Q2 marked a recovery with strong revenue growth and expectations of improved margins. While facing near-term challenges in the demand environment, the company is well-positioned for growth in 2024, with a focus on design wins and opportunities in emerging markets.

Power Integrations reports modest Q3 growth, anticipates challenges in Q4

Power Integrations reported a modest increase in Q3 revenues but fell short of guidance. They face challenges from market weakness and unexpected cancellations. However, the company remains optimistic about future demand and their technological advancements.

Power Integrations reports Q4 revenue decline but exceeds earnings guidance

Despite Q4 revenue decline, Power Integrations exceeded non-GAAP earnings guidance. The company is strategically positioned for growth in high-power driver business, renewable energy, India market, automotive business, and GaN technology. While facing challenges in consumer revenues, the company is optimistic about the potential recovery in 2024 and is focusing on system-level solutions for higher margins.

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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.

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its first-quarter financial results after market hours on Tuesday, May 7, 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/Q4I245880. Live and archived audio webcasts of the conference call will be available on the company's website at https://investor.

Power Integrations to Release First-Quarter Financial Results on May 7

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

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations announced financial results for the third quarter of 2023.

Power Integrations Reports Third-Quarter Financial Results

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.

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