Power Integrations Q3 revenue up 46% YoY to $176.8M; dividend raised to $0.15; adds $50M buyback

POWER INTEGRATIONS INC

2021-Q3 EPS reported $2.01 revenue$530,623,000

Revenue $176.8M (+46% YoY); GAAP EPS $0.69, non-GAAP EPS $0.84.
Dividend raised to $0.15/share from $0.13; payable Dec 31, record Nov 30.
Board authorized additional $50M for share repurchases; total authorization ~$105M.
Q4 revenue guidance $170M ±$5M; non-GAAP operating expense ~$40M.
Cash from operations $58.7M; repurchased 120K shares for $9.8M in Q3.

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