Power Integrations Reports Third-Quarter Financial Results [Yahoo! Finance]
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Power Integrations, Inc. (POWI)
Last power integrations, inc. earnings: 1/30 04:01 pm
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Source: Yahoo! Finance
Announces five-percent dividend increase and $50 million share-repurchase authorization SAN JOSE, Calif., November 06, 2024 BUSINESS WIRE )--Power Integrations (NASDAQ: POWI ) today announced financial results for the quarter ended September 30, 2024. Net revenues for the third quarter were $115.8 million, up nine percent from the prior quarter and down eight percent from the third quarter of 2023. GAAP net income for the third quarter was $14.3 million or $0.25 per diluted share compared to $0.09 per diluted share in the prior quarter and $0.34 per diluted share in the third quarter of 2023. Cash flow from operations for the third quarter was $32.9 million. In addition to its GAAP results, the company provided non-GAAP measures that exclude stock-based compensation, amortization of acquisition-related intangible assets and the related tax effects. Non-GAAP net income for the third quarter of 2024 was $22.6 million or $0.40 per diluted share compared to $0.28 per diluted share in
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News
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POWI
Earnings
- 2/6/25 - Beat
POWI
Sec Filings
- 2/13/25 - Form 4
- 2/13/25 - Form 4
- 2/13/25 - Form 4
- POWI's page on the SEC website