{"schema_version":"secwatch.filing_event.v1","accession":"0000833640-24-000105","form_type":"8-K","ticker":"POWI","cik":"0000833640","company_name":"POWER INTEGRATIONS INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.108919+00:00","generated_at":"2026-06-02T21:24:22.197482+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Power Integrations Q1 revenue $91.7M, down 14% YoY; guides Q2 rev ~$105M","bullets":["GAAP EPS $0.07, non-GAAP EPS $0.18; cash flow from operations $15.9M.","Q2 revenue guidance $105M ±$5M; GAAP gross margin 52.5%-53.0%.","Acquired Odyssey Semiconductor assets to advance high-power GaN; close expected July 2024.","Dividend $0.20 per share payable June 28, 2024 to holders of record May 31, 2024.","Repurchased 207K shares for $14.6M in Q1; $11.3M remaining on buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0000833640-24-000105","json":"https://secwatch.observer/filing/0000833640-24-000105.json","markdown":"https://secwatch.observer/filing/0000833640-24-000105.md","text":"https://secwatch.observer/filing/0000833640-24-000105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/833640/000083364024000105/0000833640-24-000105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/833640/000083364024000105/powi-20240507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:24:22.197482+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3a28a00e327e76646f452abc6071d118551bda0b","claim":"POWER INTEGRATIONS INC reported second quarter of 2024 results: revenue $105 million plus or minus $5 million. Guidance initiated.","evidence_excerpt":"Revenues are expected to be $105 million plus or minus $5 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/833640/000083364024000105/0000833640-24-000105-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2024"},{"label":"Revenue","value":"$105 million plus or minus $5 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"58ad6ceb7a90afb1f1203adce465228d39f9933d","claim":"POWER INTEGRATIONS INC reported first quarter of 2024 results: revenue $91.7 million, net income $4.0 million, EPS $0.07 per diluted share.","evidence_excerpt":"Net revenues for the first quarter were $91.7 million, up two percent from the prior quarter and down 14 percent from the first quarter of 2023. GAAP net income for the first quarter was $4.0 million or $0.07 per diluted share compared to $0.25 per diluted share in the prior quarter and $0.12 per diluted share in the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/833640/000083364024000105/0000833640-24-000105-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$91.7 million"},{"label":"Net income","value":"$4.0 million"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}