secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001157523-22-000147
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Integrations Q4 revenue $172.7M (+15% YoY), GAAP EPS $0.66; raises dividend 20%
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- Q4 revenue $172.7M (+15% YoY); GAAP EPS $0.66 ($0.83 non-GAAP); full-year revenue $703.3M (+44%).
- Full-year GAAP EPS $2.67; non-GAAP EPS $3.26 (+92% YoY); operating cash flow $230.9M.
- Board raised quarterly dividend 20% to $0.18/share, payable March 31, 2022 to record Feb 28.
- Added $100M to share repurchase authorization after exhausting prior $105M authorization.
- Q1 2022 guidance: revenue $180M ±$5M; GAAP opex $48.5-49.5M; non-GAAP opex $40.5-41.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000115752322000147/0001157523-22-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000115752322000147/a52573897.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer