Power Integrations, Inc. Stock News

Power Integrations, Inc. (POWI) Q3 2024 Earnings Call Transcript

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations announced financial results for the third quarter of 2024.

SAN JOSE, Calif.--(BUSINESS WIRE)-- #GaN--1700 V GaN InnoMux-2 IC delivers efficiency of better than 90% from a 1000 VDC bus, supplying up to 70 W from three accurately regulated outputs.

SAN JOSE, Calif.--(BUSINESS WIRE)-- #GaN--1700 V GaN InnoMux-2 IC delivers efficiency of better than 90% from a 1000 VDC bus, supplying up to 60 W from three accurately regulated outputs.

Power Integrations is emerging from a significant inventory correction, with revenues up 16% sequentially in Q2 and further improvement expected in Q3. The company is shifting its portfolio to Gallium Nitride-based solutions, which offer efficiency advantages over silicon and are expected to drive significant growth starting in 2025. While Power Integrations is seeing recovery, some key markets...

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its third-quarter financial results after market hours on Wednesday, November 6, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time. A live and archived audio webcast of the conference call will be available on the company's investor website at https://investors.power.com. Members o...

There were a number of positive developments in the Q2 report, but they were more than offset by demand coming in weaker than expected. While a short-term bounce is possible with the stock close to a trendline, the overall direction for the stock is leaning bearish. POWI is expected to show strong growth and it has the multiples to show for, but there is reason to doubt if targets laid out can ...

Power Integrations, Inc. (NASDAQ:POWI ) Q2 2024 Results Conference Call August 6, 2024 4:30 PM ET Company Participants Joe Shiffler - Director of IR Balu Balakrishnan - Chairman and CEO Sandeep Nayyar - CFO Conference Call Participants David Williams - Benchmark Matt Ramsay - TD Cowen Operator Good afternoon, ladies and gentlemen. Welcome to the Power Integrations Q2 2024 Earnings Conference Call.