earnings
confidence high
sentiment positive
materiality 0.70
Power Integrations Q1 revenue $182.1M (+5% YoY); GAAP EPS $0.77, non-GAAP $0.93; adds $75M buyback
POWER INTEGRATIONS INC
2022-Q1 EPS reported
$0.77
revenue$182,149,000
- Q1 revenue $182.1M (+5% YoY); GAAP EPS $0.77 (vs $0.65); non-GAAP EPS $0.93 (vs $0.76).
- Cash flow from ops $74.6M; repurchased 1.6M shares for $134.7M in Q1.
- Board added $75M to repurchase authorization; $83M remaining at quarter-end.
- Quarterly dividend $0.18/share payable June 30 to holders of record May 31.
- Q2 guidance: revenue $190M±$5M; GAAP gross margin 55.5-56%; non-GAAP 56-56.5%.