secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001157523-22-000499
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Integrations Q1 revenue $182.1M (+5% YoY); GAAP EPS $0.77, non-GAAP $0.93; adds $75M buyback
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000115752322000499/0001157523-22-000499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000115752322000499/a52701084.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000499

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